Ford Automotive China plans to issue RMB2.6 billion ($406 million) of bonds backed by auto loans extended to borrowers in China.

The bonds will be issued from Fuyuan 2015-2 Retail Auto Mortgage Securitization Trust and will be supported by a RMB 267.5 million subordinate tranche.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.