Ford hits targets with latest auto ABS deal

摘要

Ford Motor Credit hit its targets on a new US$1.1bn bond to help stock dealer showrooms with new vehicles after receiving strong demand from investors, a banker familiar with the trade told IFR. FORDF 2017-1 emerged a day later than expected last Tuesday morning - and saw about US$750m of orders placed within 44 minutes, another banker familiar with the trade said.