United Auto Credit Corporation (UACC) is getting ready to roll out a roughly $150-million securitization of subprime auto loans, according to presales from Kroll Bond Rating Agency and Standard & Poor’s.

UACST 2013-1 is now backed by roughly $118 million of subprime loans, but the deal is ramping up and the value of collateral is expected to reach nearly $160 million before closing, which is slated for May 23. The arrangers are RBS Securities and Wells Fargo Securities.

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