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: Loan Modification & Home Loan News

Bank of America to Sell $900 Million in Credit Card Securities

By Moe Bedard

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NEW YORK, May 5 (Reuters) – Bank of America Credit Card Trust priced an expanded $900 million offering of credit card securities in the U.S. asset-backed market on Wednesday amid solid reception from investors, market sources said. The single-tranche credit card deal dubbed “BACCT 2010-A1,” was initially marketed at a size of $750 million. Its AAA-rated [...]

Full post as published by Loan Modification & Home Loan News on May 13, 2010 (boomark / email).

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