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CPS closes $767.85 million asset-backed securitization
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CPS closes $767.85 million asset-backed securitization
  • CPS closed a $767.85 million senior subordinate asset-backed securitization on October 21, 2026, its fourth term securitization of the year.
  • The five classes of asset-backed notes are secured by $797.36 million in automobile receivables.
  • The notes carry an approximately 6.68% weighted average coupon; the senior class received triple-A ratings from Moody's and DBRS Morningstar.
  • Initial credit enhancement includes a cash deposit of 1% of the original receivable pool balance, with 3.7% overcollateralization.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPS - Consumer Portfolio Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610211430PRIMZONEFULLFEED9850603) on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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