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Article: Harley, Daimler Deals Stall at the Gates: Meanwhile, general investor skepticism makes things fall apart in auction-rates.
- Article from:
- Asset Securitization Report
- Article date:
- February 18, 2008
- Author:
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Asset securitization professionals stuck ardently to their new routines last week, supporting credit card and auto loan securitizations to the exclusion of just about every other asset class.
Yet while credit card and auto ABS were the only asset classes to be represented last week, they did not exactly take command of the stage. In the auto sector, the Harley Davidson Motorcycle Trust, 2008-1, was marketing a $933 million transaction.
DaimlerChrysler Auto Trust, 2008-A, came to market with a $1.5 million deal, and Citigroup Global Markets, Goldman Sachs and JPMorgan Securities acted
as managers.
The Bank of America Credit Card Trust, ...