CPS Announces $280.9 Million Senior Subordinate Asset-Backed Securitization

January 24, 2024

https://www.globenewswire.com/news-release/2024/01/24/2815914/13171/en/CPS-Announces-280-9-Million-Senior-Subordinate-Asset-Backed-Securitization.html

LAS VEGAS, Nevada, Jan. 24, 2024 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq:CPSS) (“CPS” or the “Company”) announced the closing of its first term securitization in 2024 on Wednesday, January 24, 2024. The transaction is CPS’s 50th senior subordinate securitization since the beginning of 2011 and the 33rd consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes. The transaction also marks the 100th securitization in the company’s history.

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