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US: Zipcar doubles US fleet funding to US$100m

The car sharing network Zipcar has announced a relationship with Barclays Capital under which Zipcar has issued a new series of variable funding notes pursuant to its asset backed securitization (ABS) facility in the principal amount of up to US$50m, increasing the total availability of ABS funding lines to US$100m. Subscribe to Automotive World to … Continued

The car sharing network Zipcar has announced a relationship with Barclays Capital under which Zipcar has issued a new series of variable funding notes pursuant to its asset backed securitization (ABS) facility in the principal amount of up to US$50m, increasing the total availability of ABS funding lines to US$100m.

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https://www.automotiveworld.com/articles/91344-us-zipcar-doubles-us-fleet-funding-to-us-100m/

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