Moody's Investors Service said today that it will rate Motor 2012 PLC, a car loan securitization deal issued by Santander U.K.

The £717 million ($1.13 billion) deal is structured with three Class A notes that will be assigned a provisional rating of 'AAA' by Moody's. All notes will be issued as U.S. dollar tranches.

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.