CarMax upsized and priced its deal, CarMax Auto Owner Trust 2013-4. The deal was upsized to $1 billion from $800 million and priced within guidance.

 Moody’s Investor Service and Fitch Ratings assigned preliminary ratings to the deal. The triple-A rated class A2 notes structured with a weighted average life of 1.10-years  prcied at 23 basis points over the eurodollar synthetic forward curve.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.