Abest 13 €315 million auto loan securitisation

Overview:

• Asset-Backed European Securitisation Transaction Thirteen (Abest 13) has undertaken a securitisation deal of credit rights derived from finance leases and auto loans of €315 million.
• UniCredit and CITI were the arrangers for the notes issue.
• The originator, FCA CAPITAL ESPAÑA, is a wholly owned subsidiary of FCA Bank, a joint venture between Fiat Chrysler Automobiles (FCA) and Credit Agricole Consumer Finance.

Wai Yee Tsang - Journalist