Volvo and GreatAmerica Leasing priced their equipment lease-backed securities this week, bringing year-to-date issuance for the sector to $2.9 billion.

The $679-million equipment-loan deal from Volvo consists of six tranches. According to an Interactive Data report, the class A2, triple-A rated notes priced at 27 basis points over the Eurodollar synthetic forward curve (EDSF). The triple-A rated, class A3 notes priced at swaps plus 30 basis points and the single-A rated, class C notes priced at swaps plus 85 basis points. 

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