Latest news
Latest news
First deal of its kind more than 1.5 times subscribed
Market participants weigh in on issuance, deal structure, demand
Sluggish investor demand sees WBS trade place privately
More articles
More articles
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Shorter Thursday not enough to stop General Motors clinching the first auto deal of the year
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General Motors likely to be next after tightening guidance but esoterics further away
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'Heavy calendar' of auto ABS issuance on the way as GM, Hyundai kickstart primary
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At least 11 issuers have filed 15Gs since Christmas, including three auto trades
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The deal was 10 times oversubscribed, with 50 individual orders
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Although the sector had a strong 2024, the incoming Trump administration's trade policy could dampen ABS supply
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So strong is investor appetite that the issuer pulled together an extra deal to make it 17 for the year
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Missouri-headquartered company tightened top tranche but market slows
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Citi leads what is likely to be the new issue of what has been a banner year for US ABS