Only slightly more than two years old, auto loan originator Continental Auto Receivables Inc. has recently stepped up its growth in originating and servicing prime-quality auto loans in order to lay the groundwork for a premier entry into the securitization term markets.

"We are considering either a private or 144A securitization transaction, depending on the timing, the utilization of our commercial paper warehouse facility and depending on how the market changes," said Bill Coombs, president and chief executive of Dublin, Ohio-based Continental Auto. "I'm sure it will occur and equally confident that we'll try to...time it as a function of what is the best time both for ourselves, the agencies and MBIA."

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