Furniture, electronics and appliance retailer Conn’s is heading to market with its second securitization of subprime consumer loan receivables pooled from its still-troubled credit portfolio.

Conn’s Receivables Funding 2016-B is comprised of three tranches of notes sized at $552.78 million, including $391.84 million in Class A notes receiving a provisional ‘BBB’ rating from Fitch Ratings. Fitch has capped the senior notes because of Conn’s higher loan defaults, management changes and credit-risk profile deterioration in recent years.

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