Nelnet is in the market with a $384.4 million deal called Nelnet Student Loan Trust 2011-1. The FFELP-backed transaction is managed by Barclays Capital and RBC Capital Markets.  

Meanwhile, in the volume-driven auto sector, Toyota Motor Credit Corp. has filed a prospectus with the Securities and Exchange Commission (SEC) to issue a $1 billion transaction under its Toyota Auto Receivables Owner Trust Series 2011-A. The five-tranche offering will comprise A and B classes.

The joint book runners on the offering are Bank of America Merrill Lynch, HSBC, and Royal Bank of Scotland

Co-managers on the auto securitization are Barclays, Citigroup Global Markets, Credit Agricole Securities, Credit Suisse, JPMorgan Securities, Mizuho Securities, Santander, SMBC Nikko, Toussaint Capital Partners and UBS.

The deal will be backed by a pool of fixed-rate retail installment sale contracts used to finance new and used passenger cars, minivans, light-duty trucks or sport utility vehicles.  

For a copy of the SEC filing, please click this link. More preliminary details on the auto ABS are available via the link below from the ASR Scorecards database.

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