trending Market Intelligence /marketintelligence/en/news-insights/trending/Uk2mMIx5UHrXIRvTn192Sw2 content esgSubNav
In This List

Flagship Credit Acceptance completes asset-backed securitization

Blog

Balance Sheet Strategy in an Unusual Rate Environment

Blog

Investors' Views of the Industry Today & the Outlook for Tomorrow

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion


Flagship Credit Acceptance completes asset-backed securitization

Flagship Credit Acceptance LLC issued $400 million of notes witha weighted average effective coupon of approximately 4.38% in an asset-backed securitizationtransaction that closed May 5.

The company said Flagship Credit Auto Trust 2016-2 was able toupsize its original offering size to $400 million from $350 million due to stronginvestor demand.

Wells Fargo Securities and Deutsche Bank Securities were jointbook runners for the transaction.