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Mercedes-Benz sets spread record with for German auto ABS

Mercedes-Benz bank has priced its Silver Arrow 13 transaction at 11bp over one month Euribor, setting a post-global financial crisis record low for German auto ABS spreads.

Mercedes-Benz sets spread record for German auto ABS

By Tom Brown 22 Apr 2021 Mercedes-Benz bank has priced its Silver Arrow 13 transaction at 11bp over one month Euribor, setting a post-global financial crisis record low for German auto ABS spreads. The pricing came in 5bp from initial price thoughts, with UniCredit arranging the transaction. German auto ABS in March had priced at around 13bp over, only 1bp above the post-GFC tights set by record deals launched in 2018.The books were 1.4 times covered at the first update, . Already a subscriber? Login

UCI brings Spanish RMBS in hot market

UCI brings Spanish RMBS in hot market
globalcapital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcapital.com Daily Mail and Mail on Sunday newspapers.

Land use roundup: Myakka Triangle rezone denied | East County

2 hours ago Share Manatee County Commissioners said safety was the main concern for the Myakka City property at S.R. 64 and C.R. 675. Land use verdicts Where: 1.54 acres near the northeast corner of State Road 70 and County Road 675 Decision: 5-2 in favor of denial   What: Moore property rezone from urban fringe with 3 dwelling units per acre to residential with 4.5 units per acre Where: 39 acres near the southwestern corner of State Road 64 and Uihlein Road Decision: Unanimous approval Manatee County Commissioners voted 5-2 to deny a rezone request for “the triangle,” a 1.54-acre parcel of land near the northeast corner of State Road 70 and County Road 675 in Myakka City, from general agriculture to neighborhood commercial small at an April 15 land use meeting.

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