California Republic Bank plans to tap the market with $350 million of bonds backed by a pool of new and used prime auto loans, according to a DBRS presale report.

CRART 2015-1 is structured with three tranches of DBRS-rated,  ‘AAA’ notes that total $267 million and $48 million of class A1, money market notes, rated ‘R-1’. The class A1 notes mature March 2016, the class A2 notes mature December 2017, the class A-3 notes mature April 2019 and the class A4 notes mature October 2020.

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