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Timeshare Deal in the Market


Sierra Receivables is in the market with a timeshare-backed transaction. The $250 million offering is lead managed by Credit Suisse.

Meanwhile, overseas there is also a mortgage deal from Australia and an auto loan transaction from India.

The Australian transaction, from issuer Bendigo and Adelaide Bank, is named TORRENS Trust, Series 2010-1.

The Indian offering is backed by auto loans and is issued by Shriram Tansport Finance Co.

Preliminary details about the deals are available via the link below from the ASR Scorecard database.

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