---
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"
generated_at: "2026-05-16T07:45:40.431078+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CPSS closes $345.6M auto loan securitization (2026-A); weighted avg coupon 5.18%

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-000577
- JSON: https://secwatch.observer/filing/0001683168-26-000577.json
- Plain text: https://secwatch.observer/filing/0001683168-26-000577.txt

## Key facts
- Debt Financings
  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%.
  - Instrument: senior notes
  - Principal: $345.61 million
  - Counterparty: Computershare Trust Company, N.A.
  - Rate: 4.19%, 4.43%, 4.63%, 4.98%, 6.66%
  - Event: incurrence
  source text: the Trust issued and sold $345.61 million of asset-backed Notes, in five classes (such Notes collectively, the "Notes")
  evidence_url: https://www.sec.gov/Archives/edgar/data/889609/000168316826000577/0001683168-26-000577-index.htm

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