Consumer Portfolio Services Inc. $(CPS)$ has successfully closed its third term securitization for 2025, raising $418.33 million through asset-backed notes. The senior class of these notes has received a triple "A" rating from both Standard & Poor's and DBRS Morningstar, marking the 39th consecutive securitization by CPS to achieve this high rating. The securitization involves automobile receivables worth $433.50 million, with the transaction structured to include initial credit enhancements and 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: GNW9501580-en) on July 28, 2025, and is solely responsible for the information contained therein.