CarMax completes private placement of $490 million in asset-backed notes

RICHMOND, Virginia Private Placement — Automotive retailer CarMax Inc. said that it has completed a private placement of $490 million of notes via private placement offering.

The CarMax Auto Owner Trust 2009 notes are backed by auto loan receivables originated by CarMax Auto Finance, the company said.
http://www.latimes.com/business/nationworld/wire/sns-ap-us-carmax-notes,0,4823746.story

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