New Issue-Nelnet prices $466 mln in student-loan ABS

Newswire

NEW YORK, Aug 22 (Reuters) -Nelnet , a student loan finance company, priced a $466 million in asset-backed securities supported by federally backed student loans it funded, a source close to the deal said on Monday. The two triple-A tranches, one for $255.7 million and the other for $210 million, priced at 10 basis points over three-month Libor. Credit Suisse First Boston and Deutsche Bank Securities were the joint lead underwriters.

Premium Content (PAID Subscription Required)

"New Issue-Nelnet prices $466 mln in student-loan ABS" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×