Annual issuer United Auto returns after 14 month hiatus

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Annual issuer United Auto returns after 14 month hiatus

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United Auto Credit plans to sell this week a $175.6 million securitization tied to loans it makes to subprime borrowers, the issuer’s first transaction in 14 months. The deal comes as analysts see heightened activity from less established auto issuers and credit risks evolve in the sector.

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