debt
confidence high
sentiment neutral
materiality 0.50
GM Financial Consumer Automobile Receivables Trust 2026-1 issues $1.25B in asset-backed notes across seven tranches
AFS SENSUB CORP.
- Issues $1.25B total: Class A-1 ($214.2M, 3.737%), A-2-A ($291.1M, 3.77%), A-2-B ($165M floating), A-3 ($456.1M, 3.84%), A-4 ($83.9M, 3.97%), B ($20.6M, 4.14%), C ($19.3M, 4.39%).
- Notes backed by prime auto loan receivables secured by new and used vehicles; serviced by GM Financial.
- Underwriters include BofA Securities, Deutsche Bank, Scotia Capital, Wells Fargo, and others.
- Closing date January 14, 2026; proceeds used to acquire the receivables from GM Financial.