other material
confidence high
sentiment neutral
materiality 0.50
Exeter Select Auto Receivables Trust 2026-1 issues $384.4M in ABS notes backed by sub-prime auto loans
Exeter Select Automobile Receivables Trust 2026-1
- Eight classes of notes issued: A-1 ($48M), A-2 ($97.43M), A-3 ($97.43M), B ($26.35M), C ($42.67M), D ($38.96M), E ($8.17M), N ($25.4M).
- Underwriting Agreement dated May 19, 2026 with Deutsche Bank, Citigroup, and Mizuho as representatives.
- Closing date on or about May 27, 2026; proceeds used to purchase sub-prime auto loan receivables from Exeter Finance LLC.
- Depositor EFCAR, LLC filed CEO certifications required by Form SF-3; exhibits include Indenture, Sale and Servicing Agreement, and Purchase Agreement.