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CPS closes $514.1 million senior subordinate auto ABS securitization

PUBT·04/22/2026 16:52:30
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CPS closes $514.1 million senior subordinate auto ABS securitization
  • Consumer Portfolio Services closed USD 514.1 million senior subordinate asset-backed securitization backed by auto receivables.
  • Transaction sold USD 514.1 million of asset-backed notes secured by USD 526.2 million of receivables.
  • Notes were issued by CPS Auto Receivables Trust 2026-B.
  • Weighted average coupon on notes is about 5.5%.
  • Deal is CPS largest securitization to date, first to exceed USD 500 million of notes sold.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPS - Consumer Portfolio Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604221252PRIMZONEFULLFEED9695106) on April 22, 2026, and is solely responsible for the information contained therein.