Auto supply floods ABS market to quench investor demand
The auto ABS pipeline remains robust with Consumer Portfolio Services pricing a subprime auto securitization, immediately following back to back pricing of three other auto issuers mid last week. Despite the heavy supply, investors are eager to digest more auto paper, both prime and subprime, market participants said.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: