Though out of the game since last November, World Omni Financial Corp. re-emerged last week, issuing $1.2 billion in auto loan-backed bonds.

The deal, managed by Merrill Lynch & Co., and backed by Chase Securities Inc., Banc of America Securities, First Union Capital Markets and Credit Suisse First Boston, was structured in four triple-A rated 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.