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Carvana injects $881M into ABS market with two deals

The online retailer issued its second prime securitization in 3 months

Joey Pizzolato

Carvana has made its entry into the capital markets for the first time in this year with two deals totaling $881 million: A $449 million deal backed by subprime auto receivables closed March 18, and a $432 million deal backed by prime auto receivables closed March 11. Carvana first began splitting its ABS deals by […]

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