Discover Bank plans to issue up to $500 million of class A, 5-year notes from its Discover Card Execution Note Trust.

The Class A, 2014-1 series has been assigned preliminary ratings of ‘AAA’ by Fitch Ratings.  Credit enhancement for the class A (2014-1) notes totals 24.50%.

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.