SAIC-GMAC set for Rmb4bn auto ABS return

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SAIC-GMAC set for Rmb4bn auto ABS return

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SAIC-GMAC Automotive Finance is set to make its first auto ABS appearance this year with a Rmb4bn ($582m) Rongteng 2017-1 Retail Mortgage Loan Securitization — the first time it is securitising a subsidised portfolio.

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