Lebanese bank BSEC last week announced the funding of a second auto loan ABS for local dealership Bassoul & Heneine.

Amounting to $14.4 million, the transaction is the second ABS issuance from the originator; the first came in 2005. The deal is split into A and B tranches.

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.