Ally Bank’s upsized $1 billion dealer floorplan ABS priced on Tuesday wide of levels seen in the recent Ford Credit Floorplan Master Owner Trust deal.

Ally’s deal, Series 2013-1, class A notes were issued in two tranches. The 2.98-year, class A-1 floating rate asset backed notes and the 2.98-year, class A-2 fixed rate notes priced at 45 basis points.  

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