Both CarMax Business Services and Huntington National Bank are planning to sell their auto securitizations, according to separate Securities and Exchange Commission (SEC) filings.

Carmax is planning to issue a $750 million transaction called CarMax Auto Owner Trust 2012-3, the SEC filing said.

The deal is backed by motor vehicle retail installment sale contracts originated by certain CarMax affiliates and secured by security interests in the motor vehicles financed by those contracts.

The joint bookrunners of the Class A, B, C and D notes are Bank of America Merrill LynchJPMorgan Securities, and Wells Fargo Securities.

Co-managers of the Class A notes are Barclays Capital, Royal Bank of Scotland, and Scotiabank.

Meanwhile, Huntington National Bank has also filed to issue through its Huntington Auto Trust 2012-2 a deal worth $1 billion.

Deutsche Bank Securities is the structuring agent and bookrunner and Barclays Capital is the co-lead manager and bookrunner on the transaction. The co-managers are Credit Suisse and The Huntington Investment Co.

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