Discover Financial Services is in the market with a $600 million credit-card securitization deal named Discover Card Master Trust I, Class A (2011-1).
The deal is rated 'AAA' by Standard & Poor's and Moody's Investors Service has also rated the deal 'Aaa'. Citigroup and Royal Bank of Scotland Group are managing deal.
For further preliminary details on the card ABS, please access the link below from the ASR Scorecards database.
In other deal news, the 144A NC State Education Assistance Authority Student Loan Revenue Bonds Series 2011-1 is in the market. The three-tranche FFELP deal is managed by RBC Capital Markets, Bank of AmericaMerrill Lynch, and BB&T Capital Markets.
