A four-tranched RMBS deal from RESIMAC is in the market. The A$250 million deal is called RESIMAC Triomphe Trust - RESIMAC Premier Series 2010-1.
Meanwhile, the auto sector is living up to its name as the most active ABS sector with two dealer floorplan deals from Ford Credit Canada in the market.
Ford's $237 million Series 2010-F1 transaction is underwritten by Scotia Capital, RBC Dominion Securities and BMO Nesbitt Burns. The Series 2010-F2 $118.5 million offering also has the set of underwritters.
Meanwhile, Hyundai Capital America's $960.8 million auto ABS — Hyundai Auto Receivables Trust 2010-A — reportedly released price guidance this week.
Preliminary details on these deals are available via the link below from the ASR Scorecard database.
According to reports, the $219 million 'A1+' 0.28-year notes are expected to price at a spread of one to two basis points over interpolated Libor while the $238 million 'AAA' one-year notes are anticipated to price at a spread of 17 to 20 basis points over Eurodollar swap futures.
The auto deal's $317 million 'AAA' 2.15-year notes are supposed to price at a spread of 17 to 20 basis points over swaps and its $186.8 million 'AAA' 3.8-year notes are expected to price at a spread of 25 basis points over swaps, according to reports.
JPMorgan Securities, RBS Securities and Societe Generale are the lead managers for Hyundai's offering, according to the ASR Scorecard database.
Meanwhile, Nissan Motor Co.'s Nissan Wholesale Receivables Corp. and Nissan Master Owner Trust Receivables have both filed shelf registrations with the Securities and Exchange Commission (SEC).
The links to the filings are the following:
In credit cards, Chase Issuance Trust also made a similar filing with the SEC.
Please follow this link to access the filing:
