Guggenheim Securities is marketing $350 million of aircraft lease backed securities,  according to a presale report published by Standard and Poor's.

The deal, TACSEE Funding Co., consists of four tranches of fixed-rate deferrable notes. The $175 million class A is rated 'BB+' by S&P, the $100 million B class is rated 'BB-', and the $75 million C class is rated 'B'; the $25 million D is unrated; it is being held by an Irish charitable trust.

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