Carmakers’ euro and sterling auto loan ABS deals priced

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Carmakers’ euro and sterling auto loan ABS deals priced

Mercedes-Benz’s Silver Arrow S.A. Compartment 6 deal was priced at a tighter spread than initial price thoughts on Tuesday, demonstrating a strong level of investor demand for euro auto loan ABS, while Volkswagen’s Driver UK 3 sterling auto loan deal priced in line with expectations.

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