Mercedes to brave Brexit volatility with €1bn auto ABS deal

David Bell

June 21, 2016 04:00 PM

Mercedes_Benz_1_230px — A Mercedes-Benz hood ornament. Daimler is said to favor Poland over Slovakia and Russia for the construction of a new car plant. Hungary has also been named as a potential candidate. Polish officials so far have given no leads on the upcoming project which could bring a thousand jobs to the country. | NurPhoto/SIPA USA/PA Images

Mercedes-Benz is defying the quiet tone of primary capital markets with the announcement of a €1bn German auto ABS deal, with leads targeting a post-referendum launch.

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LBBW Germany BNP Paribas ABS Securitization DZ Bank UniCredit Brexit Société Générale

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David Bell