SONIA auto fintech’s Oodle Car Finance made its debut in the asset-backed securities market, issuing Dowson 2019-1 senior notes backed primarily by used car loans. The deal was arranged by Dowson 2019-1 and priced at three over UK .
UK auto fintech’s Oodle Car Finance made its debut in the asset-backed securities market, issuing Dowson 2019-1 senior notes backed primarily by used car loans. The deal was arranged by Citigroup and priced at 130bp over SONIA.