Santander debuts $1.3B revolving ABS | Auto Finance News | Auto Finance News

Santander debuts $1.3B revolving ABS

Photographer: Angel Navarrete/Bloomberg

Santander Consumer USA is bringing $1.3 billion worth of nonprime loans to market with the debut of its revolving asset-backed securitization slated to close Nov. 26, according to Moody’s Investors Service presale report.   The securitization pool consists of 66,522 contracts, with 43% of the pool comprised of new vehicles and 57% used. The weighted average […]

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