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CPS closes $514.07 million senior-subordinate auto ABS securitization, Trust 2026-B

PUBT·04/24/2026 20:23:26
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CPS closes $514.07 million senior-subordinate auto ABS securitization, Trust 2026-B
  • CPS closed USD 514.07 million senior subordinate asset-backed securitization backed by USD 526.17 million in auto receivables.
  • Offering was issued by CPS Auto Receivables Trust 2026-B.
  • Notes carried weighted average coupon of about 5.51%.
  • Moody’s, DBRS Morningstar rated senior class AAA.
  • Initial credit enhancement included 1% cash deposit, 2.3% overcollateralization.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-003193), on April 24, 2026, and is solely responsible for the information contained therein.