Chrysler Financial to sell $1.7 bln TALF eligible ABS

Newswire

NEW YORK, Feb 24 (Reuters) - Chrysler Financial Lease Trust is expected to issue $1.7 billion of asset-backed securities under the final round of the Federal Reserve's emergency loan program. The issuer's offering, which is backed by auto leases, includes a AAA-rated 0.81-year issue, a AA-rated one-year tranche and an A-rated 1.13-year notes, market sources said. The deal is being marketed to investors by JP Morgan Securities ahead of the March 4 subscription deadline under the Term ...

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