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Santander Consumer USA Holdings (SC) is now planned for pricing late Wednesday, January 22nd, after getting a very strong reception from institutional investors. The management team has built a remarkable firm over nearly 20 years and now stands as a leader in the subprime lending space. The deal is being led by Citigroup and JP Morgan but is supported by a “cast of thousands” with 9 bulge bracket firms and 5 smaller firms on the cover. The 65M shares offered are all secondary (from Santander) so the company won’t receive any proceeds from the deal. Total shares outstanding of . . .

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