Welcome, Monday, September 6, 2010

Loop Capital Markets Particiapates in Daimler Chrysler’s First ABS Deal of 2006

1.5 $billion asset backed secured deal.

On February 9, 2006 Loop Capital Markets participated in Daimler Chrysler’s first ABS deal of the year. The offering was a 1.5 $billion; asset backed secured deal with five classes. The offering has a maturity range of 2-6 years with various coupons.

Prior to this deal, the last Daimler Chrysler’s ABS deal was in second quarter 2005.