CarMax has  a new $650 million auto loan securitization marketing that will offer investors three triple-A rated tranches as part of it capital structure.

The deal has a class A2 $202 million tranche, a class A3 $167 million and a class A4 $108 million tranche.

All three tranches are triple-A rated with a weighted average life of 0.26 years. The capital structure also includes a double-A rated tranche, single-A and triple-B pieces.

The deal is being managed by Barclays Capital and Wells Fargo.

JG Wentworth is also in the market with a transaction worth $213 million called JG Wentworth Receivables 2010-3.The managers on the deal are Jefferies & Co. and UBS.

The offering is backed by court-ordered structured settlements, annuity receivables, and $25,000,000 deposited into the Prefunding Account, according to a presale from Moody's Investors Service.

For more preliminary details on the auto  and trade receivable ABS, please click the link below from the ASR Scorecard database.

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