Auto issuance has dominated the list of deals that have come to market thus far in time for the Term ABS Loan Facility’s (TALF) Sept. 3 subscription date.
Bank of America, Nissan Motor Acceptance Corp., Hyundai Capital America, Ford Motor Credit Co., and Ally Bank have all brought deals to market. Meanwhile, an auto lease deal — Chesapeake Funding LLC 2009-2 — is also in the market.
Daimler Retail Receivables filed an S-3 with the Securities and Exchange Commission for an auto-backed ABS, Mercedes-Benz Auto Receivables Trust. The lead manager on the transaction, which could be TALF-eligible, is listed as JPMorgan Securities in the S-3 filing
Aside from these auto transactions, there are also two credit card deals from Discover Bank and American Express and an equipment ABS from General Electric Capital Corp.
Preliminary details on these offerings are available via the link below from the ASR Scorecard database.