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ABS Deals Heat Up Pipeline

Several deals have come to market backed by different asset classes from issuers in various parts of the globe.

As reported ealier by StructuredFinanceNews.com, Bank of America  Merrill Lynch is currently marketing a $1.23 billion student loan ABS.  BofA is also the lead manager on the FFELP-backed transaction.

In other deals in the consumer space, World Financial Network has come to market with a $450 million private label credit card deal.

Barclays Capital and BofA Merrill are both lead managers on the deal.  Serving as co-managers on the transaction are RBC Capital Markets, Royal Bank of Scotland, JPMorgan  Securities, and Wells Fargo

The National Bank of Canada is also in the market with a credit card-backed deal called Canadian Credit Card Trust Series 2010-1. National Bank Financial is the lead manager on the transaction. 

Across the pond,  U.K.'s CMBS called Tesco Property Finance 3 Plc is  currently in the market. The £950.2 million ($1.43 billion) transaction has Goldman Sachs and HSBC Bank as lead managers. .

Preliminary details on all four transactions are available via the link below through the ASR Scorecards database.

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