Capital Finance Australia and Toyota Motor Corp. are in the market with two auto-backed deals.
Capital Finance Australia has issued a A$612.1 million deal that is lead managed by National Australia Bank, JPMorgan Securities, and Bank of Scotland.
Meanwhile, Toyota is in the market with a $1.25 billion deal lead-managed by Deutsche Bank Securities.
More preliminary information on both deals is available through the ASR Scorecards Database via the link below.
Hertz Global Holdings also announced plans to issue $576 million of bonds backed by auto debt, according to a report by Bloomberg.
The deal, which is backed by rental car receivables, might be sold as soon as this week, the Bloomberg report indicated. Hertz's last deal came to market in October, 2009, Bloomberg reported.
In other ABS deal news, Sallie Mae is in the market with a $869 million deal joint led by Barclays Capital, Bank of America Merrill Lynch, and Credit Suisse. The deal, backed by student loans, is expected to price later this week, according to a report by the Wall Street Journal.
