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Macquarie buys US$928mn worth of car lease portfolio: report

India Infoline News Service / 14:35 , Apr 30, 2010

Macquarie, has bought auto leases and loans worth A$2bn in the past seven months, including from Ford Credit Australia

Australia's Macquarie Group has reportedly bought a A$1bn portfolio of car leases and loans from GMAC Australia, unit of GMAC Inc, for an undisclosed sum. Macquarie, which has bought auto leases and loans worth A$2bn in the past seven months, including from Ford Credit Australia, said the acquisition gives it a portfolio of 60,000 cars.




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