Americredit is coming down the pike with another securitization of subprime auto loans, according to a pre-sale from Moody’s Investor Service.

Totaling nearly $1.27 billion, the deal is split into eight tranches. Moody's has given three A tranches totaling $852 million a 'Aaa' rating. the transaction is the second senior-subordinate transaction of 2014 in this asset class from Americredit.

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