Having recently filed an amended S-3 form with the Securities and Exchange Commission, American Honda Finance is likely gearing up for its first auto loan-backed deal since January of 1999, said market sources.

According to the filing, the deals issued off the shelf will feature senior/subordinate credit enhancement, and will be structured in five parts: with class A-1 to A-3 and B-class notes, plus C-class certificates. The shelf has a capacity of $6 billion.

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