FCE Bank €650.7 million ABS issue

8/2/2016
Asset Backed Securities (ABS)

€ 650.7 million

$ 725.335 million

Completed

8/2/2016


Overview:

  • FCE Bank securitised €650.7 million auto loans originated in Germany.
  • FCE is the finance arm of Ford Motor Company. 
  • Crédit Agricole Corporate and Investment Bank, BNP Paribas London Branch, Bank of America Merrill Lynch, and The Royal Bank of Scotland were joint lead managers and arrangers.

Ben Naylor - Regional Editor

 

Jurisdiction:

Germany

Deal type:

Asset Backed Securities (ABS)

Practice area:

Capital markets : Structured finance and securitisation

Governing laws:

England and Wales
Germany

Industry sectors:

Banking
Automotive


Firm:

Party: Crédit Agricole Corporate and Investment Bank (Joint lead manager, Joint lead manager)

Party: BNP Paribas (Joint lead manager, Joint lead manager)

Party: Bank of America Merrill Lynch (Joint lead manager, Joint lead arranger)

Party: The Royal Bank of Scotland (Joint lead manager, Joint lead arranger)