Macquarie rediscovers euro vision for auto ABS

By Tom Porter
15 May 2014

Macquarie Leasing is set to issue euro denominated auto ABS for the first time since before the 2008 financial crisis, encouraged by a more favourable basis swap and investor requests for paper.

The Australian issuer appointed its group’s own investment bank alongside ANZ, JP Morgan and Royal Bank of Scotland for a two week roadshow, a tried and tested syndicate for the borrower’s SMART Series auto ABS.

SMART 2014-2 was presented to investors in Australia this week before meetings in ...

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