Santander plans 1.5 bln euro German car ABS -lead

Newswire

LONDON, Aug 29 (Reuters) - Santander Consumer Bank AG plans to sell a German auto loan securitisation worth 1.5 billion euros ($1.92 billion), a source close to the deal said on Tuesday. Roadshows will run from Sept. 4, and pricing is expected during the later half of the week starting Sept. 11, the source said. The Santander Consumer Bank is owned by Spain's Santander Central Hispano . The initial deal structure is below. The preliminary ratings are from Fitch Ratings and Moody's ...

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