Huntington Bancshares followed through Thursday on its previously announced plans to launch a regional $1.5 billion prime auto securitization of indirect loans underwritten and serviced for partnering dealerships.

The Huntington Auto Trust 2016-1 filed a public prospectus that it will issue notes in seven class series, with nearly all of the collateral pool (over 96%) concentrated in the four triple-A rated ‘A’ note tranches with varying maturity dates.

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