The share of longer-term loans in the underlying pool has increased in Fifth Third’s latest auto loan securitization, according to Fitch Ratings.

The issuer is marketing $1 billion of securities backed by auto loans; its third transaction so far this year. Over 77% of the pool consists of loans with maturities beyond five years, compared to 73% in the 2014-2 series and 71% in the 2014-1 series.

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