Chase is readying another $500 million securitization of credit card receivables off of its Chase Issuance Trust, according to a regulatory filing,

The single tranche of series 2014-8 Class A notes have a scheduled principal payment date of November 2016 and a legal final maturity of November 2018.  They will pay a floating rate of interest pegged to one-month Libor.

JP Morgan Securities, Mitsubishi UFJ Securities, and Wells Fargo Securities are the underwriters.

When the latest offering is completed, there will be $29.12 billion of class A notes outstanding.

Chase was last in the market with an credit card deal on Nov. 10, when it sold an upsized $1.3 billion of three-year bonds at a fixed rate of 1.38%.

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