Vauxhall starts up ABS in hot sterling market

Jon Hay

January 04, 2018 07:00 PM

PA-UK M25 — File photo dated 19/12/14 of traffic on the M5 motorway, Somerset. New diesel and petrol cars and vans will be banned from 2040 as part of efforts to tackle air pollution, the Government is expected to announce. | Ben Birchall/PA Wire/PA Images

The first two European securitizations of 2018 appeared on Thursday — both sterling issues — with Vauxhall Finance, the new name for GMAC UK, announcing a £428m car loan ABS and Kensington Mortgage Co bringing the latest issue from its Finsbury Square programme.

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RBC Capital Markets Lloyds Bank BNP Paribas Securitization ABS UK Europe EMEA

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Jon Hay