GM Financial Consumer Automobile Receivables Trust 2026-4 has completed the issuance of $908.4 million in asset-backed notes. The trust, formed by AFS SenSub Corp. and sponsored by AmeriCredit Financial Services d/b/a GM Financial, issued seven classes of debt on October 14, 2026.
The issuance included $198.0 million in Class A-1 4.258% notes, $280.6 million in Class A-2-A 4.78% notes, $75.0 million in Class A-2-B floating rate notes, $355.6 million in Class A-3 5.26% notes, $74.2 million in Class A-4 5.36% notes, $16.7 million in Class B 5.54% notes, and $15.7 million in Class C 5.64% notes.
The notes are backed primarily by a pool of "prime" automobile loan contracts secured by new and used automobiles, light duty trucks, and utility vehicles. The trust sold the notes to a syndicate of nine underwriters, including SMBC Nikko Securities America, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC, BNP Paribas Securities Corp., Credit Agricole Securities (USA) Inc., Great Pacific Securities, and SG Americas Securities LLC.
GM Financial has agreed to serve as the servicer and custodian for the receivables, while Wilmington Trust Company acts as the Owner Trustee and The Bank of New York Mellon serves as the Trustee and Trust Collateral Agent.
