Mercedes to test sterling market with auto ABS

Asad Ali

September 06, 2018 02:15 PM

Mercedes_Benz_1_230px — A Mercedes-Benz hood ornament. Daimler is said to favor Poland over Slovakia and Russia for the construction of a new car plant. Hungary has also been named as a potential candidate. Polish officials so far have given no leads on the upcoming project which could bring a thousand jobs to the country. | NurPhoto/SIPA USA/PA Images

Following on just two months after pricing a euro denominated Silver Arrow deal, Mercedes is back in the primary ABS market, this time with a sterling deal, marketing the bonds in a choppier market.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ European securitization issuance database
✔ Daily newsletters across markets and asset classes
✔ 1 weekly securitization podcast

Topics

Lloyds Bank ABS Securitization UK Europe EMEA

AA

Asad Ali