In a recent SEC Filing, CarMax Auto Owner Trust 2021-2, identified by the CIK number 0001851375, submitted an ABS-EE form. Asset-backed securities (ABS) are financial securities backed by a loan, lease, or receivables against assets other than real estate. The ABS-EE form typically indicates the creation of a new asset-backed security. CarMax Auto Owner Trust 2021-2’s filing is significant as it signifies the company’s intention to raise funds by securitizing auto loans or leases, which can provide liquidity for the company to issue more loans to customers.
CarMax Auto Owner Trust 2021-2 is a subsidiary of CarMax, Inc., a leading retailer of used cars and related services in the United States. CarMax operates more than 200 stores across the country and has a strong online presence, offering a wide selection of vehicles and a customer-friendly buying experience. To learn more about CarMax, you can visit their website at https://www.carmax.com.
The ABS-EE form filed by CarMax Auto Owner Trust 2021-2 with the SEC indicates the company’s continued involvement in the asset-backed securities market. By securitizing auto loans or leases, the company can access additional funding sources and manage its balance sheet effectively. Investors and analysts will likely monitor the performance of the asset-backed securities issued by CarMax Auto Owner Trust 2021-2 to assess the company’s financial health and market position.
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CarMax Auto Owner Trust 2021-2 (0001851375) Files ABS-EE Form with SEC
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