Beijing Hyundai searches for Autopia with Rmb1.5bn ABS

By Rev Hui
26 Jan 2016

Beijing Hyundai Auto Finance is set to make its mark on the Chinese auto ABS sector for the first time with its Rmb1.5bn ($228m) Autopia China 2016-1 Retail Auto Mortgage Loan Securitization Trust.

The financing arms of international auto companies, such as BMW, SAIC-GMAC and Volkswagen, have been securitizing their loan portfolios in the Chinese ABS market consistently since the financing avenue was opened to them in 2014.

The list of international names is now about to get ...

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