Ally Bank Plans $1.5B Prime Auto Loan ABS

Colomer, Nora
September 2014
Structuredfinancenews.com;9/15/2014, p3
The article reports on the move of the bank Ally Bank to market a $1.5 billion prime auto loan securitization in the U.S. It states that Credit Suisse AG, Barclays PLC, and Bank of America Corp. serve as the lead underwriters of the deal. It also notes that the offering includes $32 billion of class B notes which is due March 16, 2020 and rated AA.


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