Keycorp to offer $1.2 bln of student loan ABS


NEW YORK, July 26 (Reuters) - KeyCorp plans to offer $1.2 billion in asset-backed securities supported by student loans, a source close to the deal said on Monday. Deutsche Bank Securities and KeyBanc Capital Markets will be the deal's joint underwriters, while UBS will act as co-manager, the source said. One part of the offering will be supported by federally-guaranteed student loans, while the other part will be supported by student loans without government guarantees, the source said. ...

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