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Big Wheels: USAA issues first auto ABS deal since 2022

Carvana, Citizens, Volkswagen also came to market this month

Amanda Harris

USAA came to market this month with its first auto asset-backed securities transaction since 2022 and Volkswagen AG issued its first lease ABS deal of the year.   USAA’s $789.5 million deal, issued on Sept. 7, is backed by prime auto loans, according to Finsight, which monitors securities. The lender last came to market on […]

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