Harley-Davidson plans to issue a $650 million securitization of motorcycle loans, according to a deal prospectus filed with the US Securities and Exchange Commission.

The deal, Harley-Davidson Motorcycle Trust 2014-1 offers $96 million in class A-1 notes; $324 million in class A-2 notes; 165 million of class A-3 notes and $65 million of class A-4 notes.

The pool is comprised if 66,954 loans. The weighted average original term of the loans is 73 months and the loans have a weight average interest rate of 10.8%. The weighted average FICO score of the loan pool is 707.

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.