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Carvana issues $670M ABS deal, eyes growth 

Retailer points to 3 growth pillars pushing originations up 44% 

Amanda Harris

Carvana issued its second prime auto asset-backed securitization transaction of the year today as the retailer eyes continued portfolio growth and is on track to meet sales targets. The $669.79 million securitization deal was backed by prime auto loans with a weighted average original term of 72.78 months, in line with Carvana’s prior prime ABS […]

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