Advanta National Bank USA and Advanta National Bank, subsidiaries of Advanta Corp., priced a $700 million credit card securitization.

The Class A certificates, underwritten by J.P. Morgan & Co. and others, were priced at a discount of 99.96975%, while the Class B certificates, also underwritten by Morgan, were priced at par.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.