Honda American Finance Corp. is readying its second prime auto loan securitization of the year, according to a presale report published by Moody’s Investors Service.

The Honda Auto Receivables 2014-2 Owner Trust is will issue $1.25 billion of securities, including $256 million money market tranche with a preliminary ‘P-1’ rating and three classes of securities with preliminary ‘AAA’ ratings: $299 million of notes maturing in September 2016, $350 million of notes maturing in March 2018, and $95 million of notes maturing in May 2020. All four classes benefit from subordination of 2.5% and an 0.25% reserve fund.

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