NEW YORK, June 29 (Reuters) - AmeriCredit Auto is planning a $725 million auto ABS offering under the Federal Reserve's Term Asset-Backed Securities Loan Facility, bringing next month's issuance to about $4.3 billion under the program. Known as TALF, the Fed's program was designed to shore up the consumer loan market and reopen the securitization market, nearly shutdown by a deep credit crisis in late 2008. The securitization market is an essential funding tool for credit card, auto and ...
Premium Content (PAID Subscription Required)
"AmeriCredit ABS deal brings July TALF to $4.3 bln" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.