Equity Capital Market

Porsche Financial Prices $911M Auto ABS in 5 Tranches

September 27, 2026 by Bruno M.

AI-generated editorial image: Sleek sports car in a minimalist modern showroom with natural light

Porsche Financial Services priced $911M in prime auto loan ABS backed by $960.7M in luxury vehicle contracts, featuring a 786 weighted average FICO score.

Asset-Backed Securities (ABS) Explained: Structure & Tranches

September 18, 2026 by Bruno M.

AI-generated editorial image: Institutional loan agreements and credit underwriting documents on a wooden office desk in natural daylight.

Learn how asset-backed securities (ABS) turn loans into liquid bonds, how tranche waterfalls work, and how credit enhancement protects senior noteholders.