Agora Data injects $120M into auto ABS market, eyes rated deal later this year

The deal was aggregated from over 40 independent dealers and finance companies

© Can Stock Photo / nevarpp

Agora Data made its latest entry into the auto asset-backed securities (ABS) market with a private, crowd-sourced deal aggregated from more than 40 independent dealers and finance companies as the lender looks toward its first rated deal later this year. The transaction, which clocked in at $120 million, follows Agora’s December 2020 inaugural securitization and […]

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