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SecuritizationABS

Oodle to sell excess spread notes as auto ABS compresses

Schuldschein car rear light from Adobe 230x150

Oodle Car Finance is selling further down the capital structure than ever before with its latest Downson auto ABS. It has added excess spread notes to the offering as well as a full stack of principal-backed notes following spread compression in auto ABS driven by scarcity.

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