Consumer ABS

Hyundai plans to issue a $1.31 billion auto ABS deal called Hyundai Auto Receivables Trust 2013-A (HART 2013-A).

Ford Motor Credit’s Canadian subsidiary is shopping $538 million of notes backed by auto loans, its first retail deal of the year.

Marine container securitizations set an all-time record in 2012 with issuance totaling $3.6billion in volume.

Sallie Mae said that it will continue to issue FFELP ABS to finance the redemption of all legacy FFELP loans previously sold into the U.S. Department of Education’s Straight –A conduit program.

Hertz priced an upsized, $950 million offering of three-year and five-year notes backed by its fleet of rental cars.

Macquarie Bank priced $500 million of Aussia auto lease-backed notes targeting U.S. investors; a floating-rate tranche maturing in May 2015 pays Libor plus 27 basis points.

Prime auto ABS pricing spreads show solid demand for high quality ABS sectors.

Ally Financial priced its first non-prime public transaction structured with a novel revolving structure, to good investor appetite.

Fitch Ratings projected on Thursday that structured finance issuance in Europe would, in the aggregate, stay flat in 2013 from 2012.