People's Bank will come to market after sitting out for more than a year with a $500 million credit card transaction - the largest yet for the company - led for the first time by Salomon Smith Barney.

Look for the Connecticutbased bank to securitize more often going ahead as well, as People's has seen growth in its portfolio during its respite from the market, and experienced an amortizing schedule more conducive to asset-backed issuance.

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