AmeriCredit Financial Services, a unit of GM Financial, is marketing its second subprime auto loan securitization of the year, according to Moody’s Investors Service.

AmeriCredit Automobile Receivables Trust 2016-2 will issue $1.088 billion of notes backed by retail installment auto loan contracts originated or acquired by AmeriCredit Financial Services. The senior securities are rated ‘Aaa’ and benefit from credit enhancement of 37%.

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