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SAIC-GMAC prints jumbo Rmb10bn ABS deal.

Authors :
Sin, Noah
Source :
Global Capital; 6/25/2018, pN.PAG-N.PAG, 1p
Publication Year :
2018

Abstract

General Motors’ joint venture sealed a Rmb10.4bn ($1.62bn) deal in the Chinese securitization market on June 6, marking its biggest outing so far. Bankers on the deal said the auto company wanted to bag the cash before onshore rates come under pressure in the second half of the year. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20552165
Database :
Complementary Index
Journal :
Global Capital
Publication Type :
Periodical
Accession number :
130314449