{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-002668","form_type":"8-K","ticker":"CPSS","cik":"0000889609","company_name":"CONSUMER PORTFOLIO SERVICES, INC.","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.326326+00:00","generated_at":"2026-06-03T08:58:47.647608+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"CPS completes $319.9M securitization of subprime auto receivables, class A rated AAA","bullets":["Issued $319.9M in asset-backed notes secured by $337.2M auto receivables; 5 note classes with coupons from 5.78% to 8.36%.","Weighted average coupon 6.69%; class A notes rated AAA by S&P and DBRS; class E rated NR/BB.","Initial credit enhancement: cash reserve of 1% pool balance plus 5.15% overcollateralization; target OC of 8.40% original balance.","51st senior subordinate securitization since 2011; 34th consecutive with AAA on senior class.","Transaction closed April 23, 2024; notes not registered under Securities Act, sold to QIBs."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-002668","json":"https://secwatch.observer/filing/0001683168-24-002668.json","markdown":"https://secwatch.observer/filing/0001683168-24-002668.md","text":"https://secwatch.observer/filing/0001683168-24-002668.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889609/000168316824002668/0001683168-24-002668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889609/000168316824002668/cps_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:58:47.647608+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7f07d3b99e7c515664c98774aaace3eba3191e11","claim":"CONSUMER PORTFOLIO SERVICES, INC. incurred debt of $319.9 million.","evidence_excerpt":"the Trust issued and sold $319.9 million of asset-backed Notes, in five classes (such Notes collectively, the \"Notes\")","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/889609/000168316824002668/0001683168-24-002668-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"$319.9 million"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}