Ford could nudge closer to German auto ABS rivals with latest Globaldrive trade

By Tom Porter
15 May 2014

Ford Credit Europe Bank may have the chance to print closer to rival auto ABS programmes from Germany next week after hitting the road with its latest Globaldrive transaction.

Leads Bank of America Merrill Lynch, Barclays, HSBC and Lloyds began investor meetings for Globaldrive Auto Receivables 2014-A on Thursday. They will move to Frankfurt and Munich on Friday and finish in Amsterdam and Paris on Monday.

FCE Bank has typically priced a little back of top tier German ...

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