Deutsche preplaces BBVA auto ABS

Tom Brown

June 08, 2020 05:15 PM

BBVA_AdobeStock_575x375_08June20 — Valencia, Spain - October 4, 2019: Logo on a building of the new corporate image of the BBVA bank. | Joaquincorbalan/Joaquin Corbalan - stock.adobe.com

Banco Bilbao Vizcaya Argentaria (BBVA) has mandated Deutsche Bank as sole arranger and lead manager for its €1.105bn Spanish auto loan securitization, BBVA Consumer Auto 2020-1. Most of the deal has been preplaced, but €322m of senior notes are on public offer this week.

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Tom Brown