Today's deadline for the Term ABS Loan Facility (TALF) subscription date saw a variety of deals price from the student loan and credit card sectors, among others.
Sallie Mae sold its TALF-eligible $1.7 billion securitization that is led by Banc of America Securities and Barclays Capital. JPMorgan Securities is a co-manager on the deal. The triple-A tranche priced at 25 basis points. It was originally talked at 45 basis points to 55 basis points range.