Bayerische Motoren Werke AG (BMW) came to market last week for the first time with a well received $1.1 billion auto loan-backed deal that sources said is expected to usher more deals from the German luxury car maker going forward.

"I'd expect them to be a regular issuer," said a banker close to the transaction, who predicted that BMW's future deals might be similar in volume and structure to the one that priced last week. "Just in general, you get more economics, and it's a better deal, if you're doing stuff right around a billion."

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