Volvo Financial Services plans to sell a total of $816 million of securities backed by a pool of fixed-rate transportation and construction equipment loans.

Volvo Financial Equipment LLC, Series 2015-1 will sell $196 million of class A-1 money market notes rated ‘Prime-1’ that are due March 2016, and a total of $575 million, ‘Aaa’ rated class A notes, offered over three tranches. The class A-2 notes are dues November 2017, the class A-3 notes are due June 2019 and the class A-4 notes are due January 2020.  The notes benefit from credit enhancement of 9.25%. 

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