The transaction marks another issuance under the company’s asset-backed financing program.
Credit Acceptance announced the completion of a $600 million securitization transaction. The deal is part of the company’s ongoing asset-backed financing activities.
Further details regarding the structure or use of proceeds were not immediately available.
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
More from Priya Anand →
