AmeriCredit Rolls Out Subprime Deal

04 Sep 2012

AmeriCredit Financial Services this week is offering a $1.1 billion, fixed-rate subprime auto asset-backed securities deal, after marketing the deal to investors in the quiet final days of August.

AmeriCredit Financial Services this week is offering a $1.1 billion, fixed-rate subprime auto asset-backed securities deal, after marketing the deal to investors in the quiet final days of August.

AMCAR 2012-4’s $162.6 million A1 tranche was assigned preliminary ratings of A-1+ and F1+ from Standard & Poor’s and Fitch ...

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