Subprime Auto Spreads Tighten From December

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Subprime Auto Spreads Tighten From December

Price guidance for American Credit Acceptance’s $204.82 million ACAR 2014-1 and for Santander’s $1 billion SDART 2014-1 indicates slight spread tightening from December’s subprime auto deals, asset-backed deal trackers said Tuesday.

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