Huntington National Bank is planning to sell an auto transaction worth $1 billlion. For the Securities and Exchange Commission filing related to the offering, please click link.
Sole bookrunner on the auto securitization is Credit Suisse while the co-lead manager is Deutsche Bank Securities.
Co-managers on the transaction are Barclays Capital, Morgan Stanley, and The Huntington Investment Co.
Standard & Poor's and Moody's Investors Service are rating the deal.
Other auto transactions in this week's pike are from Hyundai Motor Co.'s, which has a $1 billion auto transaction under its Hyundai Auto Receivables Trust (HART) Series 2012-A, and Ford Credit, which is also in the market with an auto ABS under its Ford Credit Auto Lease Trust 2012-A (FCALT 2012-A).