National Century Financial Enterprises priced a healthcare receivable- backed term ABS deal totaling $275 million on Friday, Oct. 13, issued by NPF XII, Inc. The deal was led by Credit Suisse First Boston with Banc One Capital Markets as co-manager on the transaction.

The two classes of ABS issued were rated Aaa and Aa3 by Moody's Investors Service and AAA and AA- by Fitch, Inc. and Thomson Financial Bankwatch. This issuance is the first of any ABS sponsored by NCFE rated by either Moody's or BankWatch.

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