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Porsche Financial Services, Inc. issues $850 million auto lease ABS in the USA
Aug 21, 2024•over 1 year ago
Contract Type
contract
Description
Porsche Financial Services, Inc. (PFS) has returned to the U.S. ABS market with a principal amount of $850 million dollars for auto lease Asset Backed Securities. The securities received a 'AAA' rating from the rating agencies and achieved competitive pricing, attracting 53 unique investors
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months