The price is right: SAIC-GMAC seals ABS in China
![Car_sold_230px](https://assets.euromoneydigital.com/dims4/default/56ecc62/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F93%2F44%2F6528f68322a6223bcc0538363cc6%2Fcar-sold-230px.jpg)
SAIC-GMAC Automotive Finance has sealed its first asset-backed securities deal this year in the Chinese interbank bond market, raising Rmb3bn ($473.3m) from two floating-rate tranches on Monday.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: