6. Jul 2026
Description
(AWP Alliance News) - Auto1 Group SE - Berlin-based digital automotive platform for buying, selling and financing used cars - Successfully prices its third public securitisation with EUR236.3 million of notes backed by German and Austrian consumer car loans split into six tranches. A EUR173.2 million tranche has a 0.68% coupon, a EUR17.5 million tranche has a 1.0% coupon, a EUR16.8 million tranche has a 1.25% coupon, a EUR13.8 million tranches has a 1.7% coupon, a EUR8.4 million tranche has a 2.73% coupon and a EUR6.6 million coupon has a 3.69% coupon.
Group Treasurer Philip Reicherstorfer said: "FinanceHero 3 is an important milestone for Auto1 Group: with three public ABS transactions completed in two years, we have established ourselves as a frequent issuer in the European securitisation market. The transition to vertical risk retention reflects our evolution as a mature programme and our commitment to building a highly capital-efficient funding structure.
"Together with our expanded six-tranche structure and 2.8 times oversubscription, this transaction underlines the strength of Autohero's captive finance business as a key strategic pillar of Auto1 Group's growth - providing accessible and competitive financing to car buyers across Germany and Austria."
Current stock price: EUR25.76
12-month change: down 7.9%
By Elijah Dale, Alliance News senior reporter Asia-Pacific
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