Back to the future: RAC mulls ABS refi of levloans
UK car recovery breakdown firm, RAC is planning to refinance the loan portion of its capital structure with a whole business securitization, likely similar to rival breakdown cover business The Automobile Association’s (The AA) secured financing. Ross Lancaster reports.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 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