Bond Rating Agency Ranks Auto Receivables

By Staff Writer December 10, 2019

Kroll Bond Rating Agency has assigned preliminary ratings to seven classes of notes issued by Carvana Auto Receivables Trust 2019-4, an auto loan ABS transaction. It represents the fourth term ABS securitization for Carvana this year.

It will issue seven classes of notes rated AAA though BB totaling $507.26 million, secured by used vehicles and collateralized by fixed-rate installment loans.

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Last modified on Monday, 16 December 2019 12:26

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