Ally Prices Tight Of Guidance; Wide Of Tights

08 Aug 2012

Ally Financial Tuesday priced a $1.27 billion prime auto loan securitization, its money market tranche falling 10 basis points wide of where Nissan Motor offered for its A1s last week.

Ally Financial Tuesday priced a $1.27 billion prime auto loan securitization, its money market tranche falling 10 basis points wide of where Nissan Motor offered for its A1s last week. The trade was upsized by $250 million and priced at the tight end or through guidance, market players ...

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