Clean-Up Calls to Benefit Auto ABS Issuers and Investors; Seasoned Loans Go into New Issuance
December 21, 2018
Issuers of auto ABS will likely continue to complete clean-up calls on seasoned transactions even in a rising interest-rate environment, according to S&P Global Ratings. The rating service said clean-up calls yield a positive impact for auto ABS issuers and investors.