PFS Financing Corp. upsized and priced its $500 million insurance premium finance asset backed notes. The asset class brings some diversity to a securitization makret that has been largely dominated by CMBS and auto loan deals.

Moody's Investors Service and Standard & Poor’sassigned ‘Aaa’/ 'AAA' ratings respectively to the series 2014-A notes that were priced at 60 basis points over one month Libor, according to a market report publiished by structured finance analytics firm Interactive Data. The class B notes, rated ‘A’ by S&P, priced at 95 basis points over one month Libor.  

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