The U.S. ABS primary market refused to give in to the summer slowdown as it generated around $13 billion for the third week in a row.

Last week saw the pricing of the first-ever aircraft engine lease deal, a $228 million offering by Willis Lease Finance Corp. led by UBS. The 6.5-year tranche of the deal, rated Baa1' by Moody's Investors Service and A' by Fitch Ratings, priced at 153 basis points over one-month Libor.

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