March 30, 2010 (FinancialWire) — AmeriCredit Corp. (NYSE: ACF) has priced a $200 million offering of automobile receivables-backed securities under the AmeriCredit Automobile Receivables Trust platform, which primarily includes subprime automobile loan contracts.

The company plans to use the net proceeds from securitization transactions to provide long-term financing of receivables.

Texas-based AmeriCredit is an automobile finance company that provides financing indirectly through auto dealers. AmeriCredit has around 800,000 customers and $9 billion in auto receivables.

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