Ford Credit ABS Upped To $1.5 Bln On Demand

29 Jan 2010

Demand has driven Ford Credit Auto Lease Trust’s asset-backed securities to $1.5 billion, 50% greater than its original size.

Demand has driven Ford Credit Auto Lease Trust’s asset-backed securities to $1.5 billion, 50% greater than its original size. The deal, which is not participating in the Federal Reserve’s Term Asset-Backed Securities Loan Facility, consists of one-year AAA-rated notes priced at a spread of 60 basis points above ...

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