Canada. ABS Program Overview

Overview USA Germany Canada China United Kingdom Italy Australia Korea France Japan Netherlands

Asset-Backed Securities are an important funding source of Mercedes-Benz Financial Services Canada Corporation (MBFS Canada). MBFS Canada acts as originator and servicer for in Canadian Dollar denominated securitizations. The ABS bonds are offered to both Canadian and US investors.

Retail Lease Securitizations

The debut SALC transaction (‘Silver Arrow Lease Canada platform’) in 2014 was the first broadly distributed retail lease ABS deal in Canada since 2006. Since then multiple SALC deals have been executed. The ABS bonds are secured by retail lease contracts backed by passenger cars and SUVs from Mercedes-Benz and Smart.

Retail Loan Securitizations

Retail loan contracts which are backed by passenger cars and SUVs from Mercedes-Benz and Smart are securitized under the SAC program (‘Silver Arrow Canada platform’). The inaugural SAC transaction was successfully issued in 2018.

Our providing of information on the following websites does not, and is not intended to nor shall it be construed to, constitute an offer to sell or a solicitation of any offer to buy any securities by or on behalf of Mercedes-Benz Group or any of its affiliates in any jurisdiction. Securities discussed herein may not be eligible for sale in certain jurisdiction or to certain persons and may not be suitable for all types of investors, and the same may apply with regard to the distribution of any information made available on the following websites that pertains to these securities.

Neither Mercedes-Benz Group nor any of its affiliates have taken any steps to ensure that the securities referred to in the following websites are suitable for any particular investor. Accordingly, nothing in the websites should be regarded as investment advice being provided by Mercedes-Benz Group or any of its affiliates or a solicitation or a recommendation by Mercedes-Benz Group or any of its affiliates that any particular investor should subscribe, purchase, sell, hold or otherwise deal in any securities. The viewer is exclusively responsible for conducting his or her own investigation and analysis of the information in the websites and for evaluating the merits and risks involved in investing in the securities that are referred to herein. Before making any investment decision, viewers should refer to existing public information and obtain professional advice.