A combined $3.3 billion of prime and subprime auto loan securitizations priced this week.

Nissan sold $1.4 billion of prime auto loan receivables via its first securitization of the year, according to a pricing document. The transaction called Nissan Auto Receivables 2015-A Owner Trust, pooled loans with a weighted average FICO of 760.  Bank of America Merrill Lynch, HSBC and Societe Generale  are the lead managers.

The money market tranche rated ‘P-1’/ ‘F1+’ by Fitch Ratings yields 0.35%. At the triple-A level, Nissan pays 22 basis points over Eurodollar synthetic swaps forward for the one-year, A-2 tranche, 23 basis points over interpolated swaps for the 2.20-year, class A-3 notes and 30 basis points over interpolated swaps for the 3.61-year, class A-4 notes.

Chrysler Capital also priced a $732 million securitization of near-prime auto loan receivables. The deal, called CCART 2015-A, pools loans made to borrowers that have FICOs with a weighted average score of 705.

The issuer pays 38 basis points over the Eurodollar synthetic swaps curve on the one-year, triple-A rated class A-2 notes, 43 basis points over the Eurodollar synthetic swaps curve one the two-year, class A-3 notes and 49 basis points over interpolated swaps on the three-year, class A-4 notes.

On the junior tranches, Chrysler pays 90 basis points over interpolated swaps for the 3.4-year, double-A rated, class B notes, 125 basis points over interpolated swaps on the 3.73-year, single-A rated, class C notes and 185 basis points over interpolated swaps on the 4-year, triple-B rated, class D notes. Standard & Poor’s and Moody’s Investor Services assigned rating to the entire capital structure.

Deutsche Bank and JP Morgan are the lead managers.

Finally, AmeriCredit priced $1.17 billion of subprime auto loan securities via the AmeriCredit Automobile Receivables Trust 2015-2. Borrowers with a weighted average FICO of 573 back the deal.

S&P and Moody’s have assigned preliminary ‘AAA’/ ‘Aaa’ ratings to the class A notes on offer, which benefit from credit enhancement of 34.7%. The issuer will pay 40 basis points over Eurodollar synthetic forward on the one-year, class A-2A notes and 40 basis points over Libor on the one-year class A-2B notes.  The 2-17-year, class A3 notes priced at 45 basis points over interpolated swaps.

Further down the capital stack, the issuer will pay 75 basis points over interpolated swaps on the three-year, ‘AA+’/ ‘Aa1’, class B notes, 120 basis points over interpolated swaps curve on the 3.58-year, ‘A+’/ ‘A1’, class C notes and 170 basis points over interpolated swaps on the four-year, ‘BBB’/ ‘Baa2’, class D notes.

The GM Financial subsidiary has been a consistent sponsor of subprime automobile loan securitizations since 1994. The latest transaction is the issuer’s second senior-subordinate retail issuance of the year.

The loans have a weighted average original term of six years with four months seasoning. The percentage of longer-term loans (61-72 months) increased to approximately 91.04% from 89.90% in AMCAR 2015-1, issued in January. None of the loans have an original term greater than 72 months.

BNP Paribas, Citigroup, Credit Suisse and Deutsche Bank Securities are the lead managers.

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