Ford Motor is prepping its second auto securitization of the year, a $1.342 billion deal backed by prime loans.

The deal, Ford Credit Auto ABS Trust 2013-B, will issue three classes of notes with a preliminary ‘AAA’ rating from Standard & Poor’s: $434.8 million of notes due February 2016, $406.4 million of notes due October 2017, and $116.33 million of notes due August 2018.

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.