Press Release|ABS
KBRA Takes Rating Actions on FREED and ACHV ABS Trusts
19 Apr 2024 | New York
KBRA has affirmed the ratings on 16 classes of notes and upgraded the ratings on eight classes of notes issued from seven FREED ABS Trust (“FREED”) transactions and three ACHV ABS Trust (“ACHV”) transactions. KBRA’s analysis indicated that existing credit enhancement for the notes is sufficient to support the revised and affirmed ratings. The data used for this review is as of the March 2024 distribution date (February 2024 collection period). To date, the securities have received timely interest payments.
Click here to view the report.
For additional information regarding a specific transaction, see the list below to access ratings, reports, and disclosures:
- ACHV ABS Trust 2023-1PL (ACHV 2023-1PL)
- ACHV ABS Trust 2023-2PL (ACHV 2023-2PL)
- ACHV ABS Trust 2023-3PL (ACHV 2023-3PL)
- FREED ABS Trust 2021-1CP (FREED 2021-1CP)
- FREED ABS Trust 2021-2 (FREED 2021-2)
- FREED ABS Trust 2021-3FP (FREED 2021-3FP)
- FREED ABS Trust 2022-1FP (FREED 2022-1FP)
- FREED ABS Trust 2022-2CP (FREED 2022-2CP)
- FREED ABS Trust 2022-3FP (FREED 2022-3FP)
- FREED ABS Trust 2022-4FP (FREED 2022-4FP)