Ally Financial is marketing a $1 billion securitization of subprime auto loans.

The deal, Capital Auto Receivables Asset Trust 2014-1 has been assigned preliminary ratings by Moody’s Investors Service. Ratings on the class A notes are ‘Aaa’; the class B notes are rated ‘Aa1’; the class C notes are rated ‘Aa3’; and the class D notes are rated ‘Baa1’.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.