Kubota Credit Corp. is marketing its  first-ever term securitization, a $300 million transaction backed by agricultural, construction and turf equipment loans.

Fitch Ratings assigned preliminary ratings of ‘AAA’ to the class A notes issued under the trust, Kubota Credit Owner Trust 2014-1. Fitch expects to rate the money market fund tranche ‘A1+’. The credit enhancement for 2014-1 is 4.00%.

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