Morgan Stanley plans to price $637 mln auto ABS

Newswire

NEW YORK, Aug 19 (Reuters) - Morgan Stanley plans to price about $637 million in asset-backed securities supported by car and light truck loans made by Huntington National Bank, a source close to the deal said on Thursday.

Huntington National Bank is the principal unit of Columbus, Ohio-based Huntington Bancshares Inc. .

Morgan Stanley's investment banking unit is the deal's lead underwriter, the source said.

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