Consumer ABS

Sallie Mae has appointed Steven McGarry as senior vice president of corporate finance.

U.S., U.K. and Canada credit card performance will remain stable for the remainder of 2013, with Canada more sensitive to unemployment rate moves.

Sallie Mae sold $225 million of BBB-rated bonds with a 3.05-year weighted average life and a 3.5% coupon rate via its SLM Student Loan EDC Repackaging Trust 2013-M1.

Ford Motor Co. priced its Series 2013-3 and Series 2013-4 auto floorplan-backed securitizations, according to a Securities and Exchange Commission filing.

Hyundai Capital America plans to return to the securitization market with a $1.5 billion auto loan securitization deal issued from its auto receivables trust.

The securitization conference season just added Oct. 27 to 29 to its calendar with the International Institute for Business Information & Growth’s inaugural consumer finance symposium at the Cosmopolitan of Las Vegas.The securitization conference season just added Oct. 27 to 29 to its calendar with the International Institute for Business Information & Growth’s inaugural consumer finance symposium at the Cosmopolitan of Las Vegas.

DriveTime Automotive Group priced its $237 million securitization backed by subprime auto loan receivables.

ALBIS Mobil Lease GmbH, UTA Leasing GmbH, and Kögel Leasing GmbH plan to issue up to €147.23 million backed by leases made to the German small and midsize enterprise (SME) sector .

Sallie Mae closed a new, $6.8 billion credit facility that will allow it to exit the Straight A funding program ahead of schedule.