AutoFinance Group Inc., a wholly owned subsidiary of KeyCorp, priced $103.4 million of securities backed by automobile receivables through underwriters Key Capital Markets Inc. and Credit Suisse First Boston.

The securities were issued via an owner trust, AFG Receivables Trust 1997-B, in three classes: $73.7 million of AAA securities at 50 basis points over Treasuries, $18.7 million of A-plus securities at 77 basis points over Treasuries, and $11 million of triple-B-rated securities at 140 basis points over Treasuries.

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