After recently completing its largest equipment-receivables deal to date, CNH Capital Corp., the financial services arm of CNH Global N.V., is gearing up for bigger transactions. The company plans to issue three securitizations annually totaling approximately $3 billion.

The $1.1 billion deal, which was primarily backed by U.S. agricultural and construction equipment retail receivables originated through both Case Corp. and New Holland N.V. dealerships, was divided into four senior tranches and one subordinate tranch. Salomon Smith Barney was the lead manager on the deal.

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