PFS Financing Corp. is in the market with a $300 million premium finance ABS. The deal comprises a Class A worth $288 million and a Class B worth $12 million.

Standard & Poor's has assigned preliminary ratings of 'AAA (sf)' to the Class A notes and 'A (sf)' to the Class B notes. The series 2012-A transaction structure includes a two-year revolving period that ends February 2014, according to an S&P presale report on the deal.

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