Underwriters are marketing a $562 million Harley-Davidson Motorcycle Trust asset-backed sale to investors on Monday to be sold under the Federal Reserve’s emergency loan program, market sources said.
The securities backed by motorcycle loans will be sold under the Fed’s Term Asset-Backed Securities Loan Facility, known as TALF, under its next loan subscription round scheduled for Dec. 3.
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Tags: asset-backed, federal reserve, Harley-davidson, loan, motorcycle, secu, securities, Securitization, TALF, term asset-backed securities loan facility