CarMax Auto Owner Trust 2022-3, submitted an ABS-EE filing (Accession Number 0001934479) to the Securities and Exchange Commission. The significance of this filing lies in the company’s issuance of asset-backed securities, which are backed by a pool of auto loans or leases. These securities are typically sold to investors and provide CarMax Auto Owner Trust 2022-3 with funds that can be used to originate more loans or leases, thereby fueling the company’s operations and growth.
CarMax Auto Owner Trust 2022-3 is a special purpose entity created by CarMax, Inc., a leading retailer of new and used vehicles. CarMax operates over 200 stores across the United States and has a strong online presence, offering a wide selection of vehicles and financing options to customers. To learn more about CarMax, visit their website at https://www.carmax.com.
The SEC Form ABS-EE is used by issuers of asset-backed securities to report information about the offering, including the structure of the securities, credit enhancements, and other relevant details. This filing provides transparency to investors and regulators, ensuring compliance with securities laws and regulations. It allows investors to make informed decisions about investing in asset-backed securities issued by CarMax Auto Owner Trust 2022-3.
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CarMax Auto Owner Trust 2022-3 Files Form ABS-EE with the SEC
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