Prestige Financial Services is in the market with a $350 million securitization of subprime auto loans, its 14th since 1996, according to a pre-sale from Dominion Bond Rating Service (DBRS).

The deal contains two triple-A tranches, one for $191 million and another for $60 million, as well as an ‘R-1 (high)’ rating for a $36-million short-term piece. The highest rated notes have a credit enhancement of 19.82%.

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