Exeter Select Automobile Receivables Trust 2026-2 announces $505.1M ABS offering

Exeter Select Automobile Receivables Trust 2026-2

Issues $505.1M in auto loan ABS: A-1 $64M, A-2 $130.25M, A-3 $130.25M, B $33.1M, C $55.2M, D $49M, E $11.3M, N $32M.
Underwriting agreement signed Sept. 22, 2026 with Mizuho Securities USA, Citigroup Global Markets, and Wells Fargo Securities.
Expected closing Sept. 28, 2026; sale of subprime auto receivables from Exeter Finance LLC to EFCAR LLC; Citibank N.A. as indenture trustee.
Trust will grant security interest in receivables to Citibank as trustee; asset representations review by Clayton Fixed Income Services.

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