Capital One is marketing $500 million of notes backed by credit card receivables via its Capital One Multi-Asset Execution Trust (COMET), according to Fitch Ratings

Fitch Ratings expects to assign a ‘AAA’ rating to the $250 million class A (2015-7) notes with an an expected life of three years and a final maturity of August 2021 and $250 million class A (2015-8) with an expected life of five years and a final maturity of August 2023.

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