Santander is in the market with an auto ABS deal worth $700.5 million. The five-tranche offering is lead managed by JPMorgan Securities, Credit Suisse, and Wells Fargo.

Co-managers on the offering are Citigroup Global Markets and Santander Investment Securities.

Meanwhile, Bloomberg reported that Santander unit Santander U.K.  is planning to issue a deal backed by prime U.K. RMBS, citing people familiar with the transaction.

According to the report, Santander U.K. will be coming to market with triple-A securities that are euro- and pound-denominated through its Master Issuer Plc Series 2010-4 program.

Bloomberg said that Santander is managing the issue aside from Barclays Capital and JPMorgan. Santander U.K. is set to complete the offering within the first week of September.

Another RMBS deal is coming from Australian issuer Bank of Queensland. The five-tranche offering is worth A$750 million.

For more preliminary details on the Santander and Bank of Queensland offerings, please click the link below from the ASR Scorecards database.


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