Capital & Funding
Volkswagen Plans Auto ABS in China
Volkswagen AG plans to issue about 800 million yuan, or $128 million, of asset-backed securities in China, according to an...
TD’s Paul Clark to Deliver Keynote at 2014 Auto Finance Summit
Paul Clark, executive vice president of TD Bank Group and president and chief executive officer of TD Auto Finance, will...
Black Horse and Suzuki Renew Finance Agreement
Black Horse has extended by three years its agreement to provide finance for Suzuki GB vehicles, and has extended the...
IPO Underwriters Increase Take Of Ally Stock
Underwriters on Ally Financial Inc.’s initial public offering have elected to partially exercise the over-allotment option to buy an additional...
Nicholas Faces Decreased Earnings and Delayed Acquisition
Florida-based auto lender Nicholas Financial reported a $269.3 million loan portfolio in the fourth quarter. That’s up nearly $20 million...
Prospect Capital’s Acquisition of Nicholas Delayed
Prospect Capital Corp. no longer expects its acquisition of Nicholas Financial Inc. to close by June 12 as originally planned, according...
Exeter Comes to Market with $500 Million ABS
Exeter Finance Corp. went public Wednesday with its $500 million asset-backed securitization today. It’s the lender’s sixth securitization and it...
S&P Cautions Nonbank Lenders
Auto lenders have a decision to make: They can choose margins or volume. That was the message from a report...
