Russian Standard Bank (RSB) will soon hit the market with a 250 million ($313 million) transaction backed by auto loans, in a deal that the originator hopes will further diversify its funding base, thanks in part to slightly higher ratings than its last existing asset deal and to the growing familiarity with the bank among structured finance investors. HVB and JPMorgan are the leads.

"We are looking to enlarge our investor base and hope to reach a different tier of investor, as we have achieved higher ratings for the class A and B notes," said Levan Zolotarev, senior vice president of Russian Standard Bank.

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