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CIT in the Market with Equipment ABS

CIT Financial is in the market with a $667.3 million equipment lease-backed deal lead by Bank of America Merrill Lynch, Barclays Capital and Deutsche Bank Securities. The CIT deal is Term ABS Loan Facility (TALF)-eligible.

Another TALF deal in the market is from the student loan sector — Sallie Mae's  $1.55 billion transaction.

Meanwhile, Premium Financing Specialists has two insurance premium transactions in the market — PFS Financing Corp Series 2010-C and 2010-D.

Citigroup Global Markets and JPMorgan Securities are lead managers on the $370.4 million 2010-C transaction and the $846.6 million 2010-D offering.

Meanwhile, a prime RMBS deal was announced in Europe this week — Alliance & Leicester’s MBS backed by U.K. mortgages. Alliance is Spanish bank Santander's U.K. unit

Barclays Capital, Deutsche Bank and Credit Suisse are all leads on the deal along with Santander. Please refer to the story Santander Takes U.K. RMBS on the Road posted today on StructuredFinanceNews.com.

Preliminary details on all four offerings, except Sallie Mae's student loan transaction, can be found via the link below from the ASR Scorecard database.

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