California Republic Bancorp completed a $390 million securitization of prime auto loans, its ninth overall and the seventh deal to be publicly offered.

California Republic Auto Receivables Trust 2015-2 issued four term tranches of class A notes rated triple-A credit by both Standard & Poor’s and DBRS:  the A2 notes with final maturity of February 2018 pay 0.88%; A3 notes with final maturity of August 2019 pay 1.31%; A4 notes with final maturity of January 2021 pay 1.75%.

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