Lendbuzz Completes $246 Million Auto Loan Securitization

Lendbuzz has completed a $246 million asset-backed securitization, its first transaction of 2026, announced in a press release. The securitization, named LBZZ 2026-1, is backed by a pool of auto loans secured by new and used vehicles, light-duty trucks, and vans.

The transaction issued five classes of notes—Class A-1, A-2, B, C, and D—rated by Kroll Bond Rating Agency as K1+, AAA, AA, A, and BBB-. J.P. Morgan Securities served as lead bookrunner and structuring agent, with Goldman Sachs and RBC Capital Markets acting as joint bookrunners. Mizuho, MUFG, and Regions Securities were co-managers.

This marks Lendbuzz’s eleventh public securitization since launching its asset-backed securities program in late 2021. The company has now completed more than $2.4 billion in publicly syndicated securitizations as part of its ongoing funding strategy.