DriveTime Automotive Group priced its $237 million securitization backed by subprime auto loan receivables.

The deal priced its .62-year, class A notes at 45 basis points over the eurodollar synthetic forward curve ( EDSF) and  the 1.64-year, class B notes priced at 125 basis points over the EDSF. The 2.25-year class C notes and the 3.14-year class D notes priced at 220 basis points over interpolated swaps and 200 basis points respectively.

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