Santander injects $480M into ABS market | Auto Finance News | Auto Finance News

Santander injects $480M into ABS market

Photographer: Angel Navarrete/Bloomberg

Santander Consumer USA is bringing $480.8 million of subprime auto loans to the asset-backed securitization market in a deal expected to close May 29, according to an S&P Global Ratings presale report. This is the first issuance under the lender’s Santander Consumer Auto Receivables Trust (SCART) ABS collateralized by a pool of retail installment sale […]

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