{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-000577","form_type":"8-K","ticker":"CPSS","cik":"0000889609","company_name":"CONSUMER PORTFOLIO SERVICES, INC.","filed_at":"2026-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.935774+00:00","generated_at":"2026-05-16T07:45:40.431078+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":"CPSS closes $345.6M auto loan securitization (2026-A); weighted avg coupon 5.18%","bullets":["$345.61M of asset-backed notes sold; secured by $352.66M auto receivables.","Five note classes: Class A $155.5M at 4.19% (AAA/AAA), Class E $45.5M at 6.66% (NR/BB).","58th term securitization since 2011; 41st consecutive AAA rating on senior class.","Initial credit enhancement: 1% cash deposit + 2% overcollateralization; steps to 7.3% O/C.","Private offering to qualified institutional buyers, not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-000577","json":"https://secwatch.observer/filing/0001683168-26-000577.json","markdown":"https://secwatch.observer/filing/0001683168-26-000577.md","text":"https://secwatch.observer/filing/0001683168-26-000577.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889609/000168316826000577/0001683168-26-000577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889609/000168316826000577/cps_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T07:45:40.431078+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":"c188a56e306dce171e4d92ba66398c6aa2e9848b","claim":"CONSUMER PORTFOLIO SERVICES, INC. incurred senior notes of $345.61 million with Computershare Trust Company, N.A. at 4.19%, 4.43%, 4.63%, 4.98%, 6.66%.","evidence_excerpt":"the Trust issued and sold $345.61 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/889609/000168316826000577/0001683168-26-000577-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$345.61 million"},{"label":"Counterparty","value":"Computershare Trust Company, N.A."},{"label":"Rate","value":"4.19%, 4.43%, 4.63%, 4.98%, 6.66%"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}