It’s a busy start of the week for auto loans securitizations with Ford, Honda, BMW and First Investors adding $3.18 billion to the primary pipeline of deals. These new deals bring the auto ABS deals being marketed or priced so far this year to $8.7 billion. That compares with the $6.4 billion price during the full month of January 2012.
Ford is marketing its $1.15 billion auto floorplan ABS deal, Series 2013-1. Barclays, Citigroup, HSBC and Royal Bank of Scotland are joint lead managers, according to a prospectus supplement filed with the U.S. Securities and Exchange Commission today.