Ally is marketing a $1.5 billion prime auto loan securitization. Credit Suisse, Barclays and Bank of American Merrill Lynch are the lead underwriters on the deal.

Ally Auto Receivables trust will offer three tranches of fixed-rate class A notes totalling $1.4 billion. All have preliminary 'AAA' ratings from Standard & Poor's. The class A2 are due July 17, 2017, the class A3 notes are due April 15, 2019 and the A4 notes are due Jan. 15, 2020.

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