Non-traditional asset-backed securities led the issuance pipeline in a relatively quiet market lasdt week, bringing volume for the asset class for the year to date to $10.2 billion, according to Standard & Poor’s.

OneMain Financial priced all tranches of its second securitization of personal loans, OneMain Financial Issuance Trust 2014-2 at tighter spreads than its inaugural deal, completed in April. OneMain Financial, a subsidiary of Citigroup, issued $1.18 billion of securities backed by fixed-rate unsecured and auto-secured loans.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.