debt
confidence high
sentiment neutral
materiality 0.60
Exeter 2026-1 ABS trust to issue $1.1B in asset-backed notes on Jan 28, 2026
EFCAR, LLC
- Trust to issue $1.099B in eight classes of notes secured by subprime auto loans.
- Underwriting agreement with Citigroup, Deutsche Bank Securities, and Wells Fargo Securities.
- Purchase agreement (form) filed; seller Exeter Finance makes reps and warranties.
- Class A-1 $94.2M, A-2 $241M, A-3 $226.4M, B $118.5M, C $123M, D $162.3M, E $103.3M, N $30M.