Mitsubishi Motors Credit of America (MMCA) is in the market with a prime auto ABS deal called MMCA Auto Owner Trust 2011-A (MMCA 2011-A). Barclays Capital is lead underwriter on the $278.39 million securitization.
According to a Moody's Investors Service presale report, this is MMCA's third retail loan transaction since 2009. MMCA previously directly sponsored offerings in the ABS market from 1997-2002. %