---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-089693"
form_type: "8-K"
ticker: null
cik: "0001347185"
company_name: "AFS SENSUB CORP."
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:17:37.218180+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Issuance of Class A-1 $292.8M at 5.494%, A-2-A $287.67M at 5.33%, A-2-B $260M floating rate, A-3 $547.67M at 5.10%, A-4 $87.24M at 5.04%.
- Class B $25.07M at 5.28%, Class C $23.5M at 5.43%, Class D $19.61M at 0.00%. Closing date April 10, 2024.
- Underwriters include BNP Paribas, CIBC, Lloyds, SG Americas, Wells Fargo, Goldman Sachs, Great Pacific, MUFG, Scotia.
- Receivables consist of prime auto loans secured by new/used cars, light trucks, utility vehicles.

## SEC filing metadata
- accession: 0001193125-24-089693
- form_type: 8-K
- cik: 0001347185
- company_name: AFS SENSUB CORP.
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347185/000119312524089693/0001193125-24-089693-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347185/000119312524089693/d803223d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-089693
- JSON: https://secwatch.observer/filing/0001193125-24-089693.json
- Plain text: https://secwatch.observer/filing/0001193125-24-089693.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1347185/000119312524089693/0001193125-24-089693-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.