Ford sells ABS in unique fashion


By Shankar Ramakrishnan Incessant demand for asset backed securities is allowing issuers to innovate with the methods of deal distribution. On Wednesday, Ford Motor Credit used a unique approach to distribute its US$1.34bn ABS backed by prime auto loans - it cut off the process of price whispers and invited orders based on the price guidance for different tranches. In a typical ABS, issuers usually sound out investors with a price whisper for the different ...


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Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


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