S&P: Auto ABS Issuance To Soar 47% in ‘12

Published October 16, 2012 10:44 AM EDT 1 Min Read

A buoyant primary market in securitizations in the auto sector could fuel a 47% annual growth in issuance in 2012, said Standard & Poor’s in a note released Tuesday.

The agency expects volumes to hit $100 billion this year, from $68 billion in 2011. Year-to-date issuance has reached $84 billion.

S&P added that the several deals are expected to price this week.

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