BBVA plans 1.0 bln euro auto loan ABS -leads


LONDON, Nov 25 (Reuters) - Spanish bank BBVA plans to sell a 1.0 billion euro ($1.18 billion) three-part bond backed by auto loans it originated, the banks managing the sale said on Friday. BBVA, Dresdner Kleinwort Wasserstein and JP Morgan are managing the sale, which is expected in the week of Dec. 12 following a roadshow to be held next week. The largest, triple-A rated tranche will total 949.5 million euros and has a weighted average life of 3.57 years, the banks said. The loan ...

Premium Content (PAID Subscription Required)

"BBVA plans 1.0 bln euro auto loan ABS -leads" 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 pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Jul 11, 2014

Vintage Car Owners Line Up for Fuel

“This is the greatest day ever!” declares Thomas Semaan, whose ’80 Chevrolet Corvette Stingray fueled up for a mere $8.60 instead of the $38 he would have paid for the same amount in today’s dollars....More
Jul 11, 2014

Tesla Salespeople Would Make Great Museum Curators

The automaker’s salespeople do a couple of things right but enough wrong to finish dead last in a mystery-shopping study....More
Jul 10, 2014

Barra Driving Change at GM

Under CEO Mary Barra, GM is the only one stepping up to change the conversation and fix the long-broken mechanisms for protecting consumers from potentially dangerous vehicle defects and compensating victims....More

Sponsored Introduction Continue on to (or wait seconds) ×