Skip navigation
Newswire

Capital One Auto prices expanded $2.5 bln auto ABS

NEW YORK, July 27 (Reuters) - Capital One Financial unit Capital One Auto priced a larger-than-expected $2.5 billion offering of asset-backed securities supported by auto loans on Thursday, market sources said.

Initially slated at $2.0 billion, the size of the deal was increased to accommodate investor demand, market sources said.

Deutsche Bank Securities and Barclays Capital were the deal's lead managers, they said.