Pricing guidance released for Dell's first ABS this year

By Ryan Bolger
14 Apr 2015

Pricing guidance was released on Tuesday for Dell Financial Services’ first equipment ABS deal since last summer.

The $1.004bn deal includes six tranches of fixed rate notes. Guidance is in line with previous equipment ABS issuance, according to one portfolio manager.

Guidance for the top tranche came at a yield around 0.42%, while guidance was released between 46bp and 48bp over eurodollar futures for the ...

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