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SecuritizationABS

BMW Bank brings fully PCP-backed auto ABS

Auto_ABS_AdobeStock_575x375_03March20

BMW Bank has mandated Bank of America and Lloyds Bank as joint-lead managers, alongside co-managers MUFG and SMBC Nikko, for its Bavarian Sky UK 3 transaction, a UK auto ABS comprised entirely of loans to borrowers with personal contract purchase (PCP) agreements.

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