Exeter's latest ABS deal puts spotlight on growth strategy


By Charles Williams May 3 (IFR) - Fast-growing subprime auto lender Exeter Finance Corp showed the market this week that it intends to stay focused on getting bigger, opting for size over price in its latest ABS deal. Only founded in 2006 but already a significant player in the subprime auto loan sector, Exeter came back to market with its third-ever term asset-backed securities (ABS) deal. Instead of trying to beat the pricing on its last such ...


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