Toyota and Harley Davidson Out with ABS Deals

July 25, 2011, 11:44 a.m. EDT 1 Min Read

Toyota Motor Credit Corp. will be issuing five classes of notes backed by Toyota or Lexus passenger car, minivan, light-duty truck or sport utility vehicle leases and related assets.

The deal will be issued under the Toyota Auto Lease Trust program. For the Securities and Exchange (SEC) filing on this ABS offering, please click this link.

Meanwhile, Harley Davidson also filed with the SEC to issue under Harley-Davidson Motorcycle Trust 2011-1. The $600 million, seven-tranche transaction is backed by motorcycle contracts.

For a full copy of the filing, click here.

MORE FROM ASSET SECURITIZATION REPORT

Securitization

New Jersey higher education agency to float about $226.5 million

Broken down by product type, the agency's NJCLASS Standard Fixed product should account for a large majority of the loans, 75.4%. NJCLASS Consolidation will account for the next-largest group, 14.1%.

By Donna M. Mitchell

6h ago
Securitization

Duke Energy Progress prepares to issue $177.3 million in storm recovery bonds

The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.

By Donna M. Mitchell

April 24
Regulation and compliance

'Through the looking glass': Jamie Dimon sounds off on regulatory burden

The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.

By Catherine Leffert

April 24
Securitization

Hilton Grand prepares to float $240 million in timeshare loans

Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.

By Donna M. Mitchell

April 23
Litigation

If Supreme Court sides with CFPB, 'flurry' of litigation moves forward

Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.

By Kate Berry

April 23
Securitization

Following a boom year, Lendbuzz floats $215.7 million in auto ABS

Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.

By Donna M. Mitchell

April 23