secwatch / observer
8-K filed April 8, 2024, 7:59 PM ET CIK 0001347185
debt confidence high sentiment neutral materiality 0.50

GM Financial ABS Trust 2024-2 issues $1.543B in asset-backed notes across 8 classes

AFS SENSUB CORP.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

AFS SENSUB CORP. entered into Underwriting Agreement with BNP Paribas Securities Corp. valued at $292,800,000 Class A-1 5.494% Asset Backed Notes, $287,670,000 Class A-2-A 5.33% Asset Backed Notes, (effective 2024-04-04).

Action
entry
Agreement
underwriting
Counterparty
BNP Paribas Securities Corp.
Value
$292,800,000 Class A-1 5.494% Asset Backed Notes, $287,670,000 Class A-2-A 5.33% Asset Backed Notes,
Effective
2024-04-04
Exact text from the filing
AFS SenSub Corp. (“ AFS SenSub ”), as depositor, and AmeriCredit Financial Services, Inc. d/b/a GM Financial (“ GM Financial ”), as sponsor, will cause a newly formed issuing entity, GM Financial Consumer Automobile Receivables Trust 2024-2 (the “ Issuing Entity ”), to issue $292,800,000 Class A-1 5.494% Asset Backed Notes (the “ Class A-1 Notes ”), $287,670,000 Class A-2-A 5.33% Asset Backed Notes (the “ Class A-2-A Notes ”), $260,000,000 Floating Rate Asset Backed Notes (the “ Class A-2-B Notes ”), $547,670,000 Class A-3 5.10% Asset Backed Notes (the “ Class A-3 Notes ”), $87,240,000 Class A-4 5.04% Asset Backed Notes (the “ Class A-4 Notes ”), $25,070,000 Class B 5.28% Asset Backed Notes (the “ Class B Notes ”), $23,500,000 Class C 5.43% Asset Backed Notes (the “ Class C Notes ” and together with the Class A-1 Notes, the Class A-2-A Notes, the Class A-2-B Notes, the Class A-3 Notes, the Class A-4 Notes and the Class B Notes, the “ Publicly Offered Notes ”) and $19,610,000 Class D 0.
View on SEC.gov

419 material agreements filed in the last 30 days. Browse all material agreements →

Source: SEC EDGAR
accession 0001193125-24-089693
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