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Policy turn drives Ford’s ABS home.
- Source :
- Global Capital; 8/27/2018, pN.PAG-N.PAG, 1p
- Publication Year :
- 2018
-
Abstract
- The lending arm of Ford’s China operation took advantage of bullish sentiments in the onshore market on August 2, sealing a Rmb4.5bn ($662.3m) securitization. Bankers say Ford managed to price below Nissan, which offered a similar ABS recently, thanks to a major policy announcement that emerged last week. [ABSTRACT FROM AUTHOR]
- Subjects :
- ASSET backed financing
FINANCIAL institutions
STOCK exchange policy
Subjects
Details
- Language :
- English
- ISSN :
- 20552165
- Database :
- Complementary Index
- Journal :
- Global Capital
- Publication Type :
- Periodical
- Accession number :
- 131417796