Harley-Davidson in motorcycle loan securitization

NEW YORK Nov 23 (Reuters) - Underwriters are marketing a $562 million Harley-Davidson Motorcycle Trust asset-backed sale to investors on Monday to be sold under the Federal Reserve's emergency loan program, market sources said.

The securities backed by motorcycle loans will be sold under the Fed's Term Asset-Backed Securities Loan Facility, known as TALF, under its next loan subscription round scheduled for Dec. 3.

Under the program, designed to revive consumer lending and reopen the securitization market, the Fed makes loans available to investors for the purchase of ABS securities.

Harley-Davidson's multi-part sale includes three AAA-rated one-year, two-year and 2.5-year notes, a AA-rated 2.76-year tranche and an A-rated three-year note issue, market sources said.

JP Morgan Securities, BNP and Citigroup are lead managers for the sale, sources said. (Reporting by Nancy Leinfuss; Editing by Leslie Adler) ((Reuters Messaging: nancy.leinfuss.reuters.com@reuters.net))