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BMW in the Market wtih an Auto-Backed ABS

Aside from Mercedez Benz, BMW is also in the market with an auto deal. The $750 million offering is lead managed by Bank of America Merrill Lynch.

As earlier reported by StructuredFinanceNews.com, John Deere is currently marketing an equipment lease-backed deal that is lead managed by BofA and JPMorgan Securities. The co-managers on the $747.4 million transaction are Citigroup Global Markets, Santander Investment Securities, BBVA Securities and TD Securities.

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