Byrider Jumps On Prefunding Bandwagon

Byrider Jumps On Prefunding Bandwagon

Deep subprime shop J D Byrider is taking a different approach to prefunding with its upcoming sophomore securitization, the $121.4 million CarNow Auto Receivables Trust 2013-1. The issuer is joining the growing number of subprime auto lenders who have either introduced prefunding into their deals re...

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Bibliographische Detailangaben
Veröffentlicht in:Total Securitization 2013-05
1. Verfasser: Capodanno, Marissa
Format: Artikel
Sprache:eng
Schlagworte:
Automobile dealers
Securitization
Subprime lending
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Beschreibung
Zusammenfassung:Deep subprime shop J D Byrider is taking a different approach to prefunding with its upcoming sophomore securitization, the $121.4 million CarNow Auto Receivables Trust 2013-1. The issuer is joining the growing number of subprime auto lenders who have either introduced prefunding into their deals recently or increased the size of prefunding buckets.
ISSN:1938-7504