Mercedes-Benz Financial Services priced its $1.3 billion securitization of auto leases on Wednesday, according to a pricing term sheet filed with the US Securities and Exchange Commission.

Fitch Ratings assigned preliminary ratings to the deal.  The class ‘AAA’-rated, class A-2 with a weighted average life of .96-years priced at 27 basis points over the Eurodollar synthetic forward curve.

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