Factoring Swells Worries for Tariff-Hit Auto-Parts Manufacturers
Investors are scanning the auto industry, already whiplashed by tariffs, for signs that other suppliers may have used similar trade finance arrangements.
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Welcome to The Brink . I’m Dorothy Ma , a reporter in New York, where I looked at how investors are scrutinizing the use of supply chain finance by auto-parts manufacturers after the First Brands collapse. We also have news on Altice France , Primalend and Adler Pelzer. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net .
The spectacular collapse of First Brands has focused Wall Street’s anxiety on the opaque area of supply chain finance known as factoring. The question now is whether more companies in an industry already strained by ever-changing tariff policies are exposed to the risk of off-balance-sheet financing arrangements.