Preliminary rating assigned for Mercedes-Benz Australia's ABS deal
- Monday, 30 September 2019
On 30 September, S&P Global Ratings assigned a preliminary rating to Mercedes-Benz Financial Services Australia (Mercedes-Benz Australia)'s asset-backed securities (ABS) deal, Silver Arrow Australia 2019-1. Indicative total volume for the transaction is A$580 million (US$391.9 million). ANZ and MUFG Securities were mandated on 24 September to engage investors.
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