Westlake Financial Services and American Credit Acceptance launched a total of $664 million of bonds backed by subprime auto loans on Friday.

Westlake’s deal is its second and has been given preliminary ratings by Standard & Poor’s.

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.