Americredit Financial Services is readying a roughly $1.17 billion deal backed by auto receivables, according to a filing with the SEC.
The three tranches of long-term class A notes in AmeriCredit Automobile Receivables Trust 2014-2 are expected to receive triple-A ratings from Fitch Ratings and Moody’s Investors Service.
The joint bookrunners on the deal are BofA Merrill Lynch, Deutsche Bank Securities, RBC Capital Markets, and Wells Fargo Securities.
Co-managers are BNP Paribas; Goldman, Sachs & Co.; Morgan Stanley; and RBS.
