LONDON, June 24 (Reuters) - French automaker Peugeot plans to launch a 1.5 billion euro bond secured on its customers' repayments of their car loans by the end of next week, a source close to the deal said on Monday. The two-tranche bond will be sold through the Auto ABS Compartiment 2002-1 funding vehicle. The loans backing the deal were originated by Peugeot's financing units, Banque PSA Finance and Credipar, and advanced to Spanish and French customers. The deal breaks down into a ...
Premium Content (PAID Subscription Required)
"Peugeot to launch 1.5 bln euro car loan-backed bond" 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!
Current subscribers, please login or CLICK for support information.