Foursight Capital is marketing a $106.3 million securitization of prime, near-prime and subprime auto loan receivables.

Foursight Capital Automobile Trust 2015-1 is the issuer’s second-ever term securitization. DBRS assigned preliminary ‘A’ ratings to $96.7 million of class A notes, due June 2019 and ‘BBB’ ratings to $9.6 million of class B notes, due August 2020. The initial class A credit enhancement is 13.20%, 20 basis points more than in the FCART 2014-1 transaction.  

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