TAL International Group plans to issue a $271.75 million container lease ABS deal, kicking off what is expected to be a busy year for the esoteric asset class.

The deal, TAL Advantage V LLC Series 2013-1, is backed by a portfolio that includes 61,991 containers, which are all currently leased, according to a Standard & Poor’s presale report. The issuer's fleet comprises 89% long-term leases, 4% finance leases, and 6% leases with purchase options.

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