Nissan Motor Acceptance Corporation is in the market with the first prime auto loan securitization of 2013, the $1 billion deal, Nissan Auto Receivables 2013-A Owner Trust, according to a presale report from Fitch Ratings.

Fitch has assigned the $237 million of class A-1 notes an ‘F1+’ rating; the $315 million of class A-2 notes a ‘AAA’ rating; the $306 million of class A-3 notes a ‘AAA’ rating; and the $142 million of class A-4 notes a ‘AAA’ rating. Citigroup, HSBC and Societe Generale are lead underwriters on the deal, which is expected to close Jan. 16.

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