.png){kind=logo}
GC Asia
Exeter subprime faces used car plummet
Non-bank auto finance company Exeter Finance Corp issued a $500m subprime auto ABS deal on Wednesday amid turmoil in US markets and steady criticism over subprime auto financing.
Collateral in the deal, EART 2014-3, is mostly made up of used car loans, which could make some investors nervous as concerns persist around the US auto markets.
Morgan Stanley analyst Adam Jones wrote in a note on ...Already a subscriber? Login
-
Latest news from GlobalCapital
-
Antares prices reset of giant middle-market CLO
07.30 PM -
Aircraft ABS resurfaces despite froth worries
07.00 PM -
Bond investors should prepare for more complexity on sustainability KPIs
05.30 PM -
Gimv lines up debut sustainable bond as pipeline fills
05.00 PM -
Green retail bonds make sense, if not economic sense
04.45 PM
-
-
Latest news from GlobalCapital
-
Antares prices reset of giant middle-market CLO
07.30 PM -
Aircraft ABS resurfaces despite froth worries
07.00 PM -
Bond investors should prepare for more complexity on sustainability KPIs
05.30 PM -
Gimv lines up debut sustainable bond as pipeline fills
05.00 PM -
Green retail bonds make sense, if not economic sense
04.45 PM
-
