JP Morgan Chase plans to launch a $500 million credit card ABS transaction. The deal could potentially be upsized to $1 billion based on investor interest.

The class A (2013-3) notes are backed by credit card receivables that arise in certain revolving credit card accounts owned by Chase Bank USA, according to a preliminary deal prospectus filed with the U.S. Securities and Exchange Commission.

 JP Morgan, HSBC and RBC Capital Markets are lead managers on the deal.



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