Mercedes to brave Brexit volatility with €1bn auto ABS deal

David Bell

June 21, 2016 04:00 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

Mercedes-Benz is defying the quiet tone of primary capital markets with the announcement of a €1bn German auto ABS deal, with leads targeting a post-referendum launch.

Unlock this article.

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

To unlock this article:

Request a Free Trial or Login

Topics

LBBW Germany BNP Paribas ABS Securitization DZ Bank UniCredit Brexit Société Générale

DB

David Bell