Santander Consumer USA is bringing its fifth subprime auto securitization of they year to the public market.

The deal, Santander Drive Auto Receivables Trust, 2013-5, will issue $1 billion of notes, according to a presale report published by Fitch Ratings.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.