Oct 2015: securitisation of around 3.7m US-based credit card accounts owing around $8bn in a revolving pool structure. The issuer is a Trust and its 11th issue. Cards are co-branded (eg Apple, Barnes & Noble). Pre-sale
Receivables from MasterCard, Visa and American Express revolving credit-card accounts were securitised by BoS and Lloyds bank in a master trust stucture (called Penarth) established around 2008-10. The trust issued ABS. To-date 15 issues of ABS have occured. Details here