Subprime issuer debuts as caution on smaller lenders grows

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Subprime issuer debuts as caution on smaller lenders grows

auto ABS
BCDEJR new car | Alamy Stock Photo

Arivo Acceptance, a privately held subprime auto lender, priced an inaugural $167m ABS on Monday. The deal comes as investor caution around subprime consumer credit — particularly from smaller, private lenders — is on the rise.

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