Ford Auto Finance (China) expands funding channel

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By Rev Hui
16 Sep 2015

Auto finance companies are set for a return to the Chinese interbank bond market for the first time in five years, with Ford launching an Rmb2bn ($314m) trade on September 17.

Issuers in the Chinese auto finance industry have long been demanding more financing avenues, having relied mostly on bank loans to fund their business since they came into being in 2004.

While they are not explicitly barred from issuing financial bonds ...

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