KBRA Withdraws Ratings on 14 Classes from 13 Transactions
20 Dec 2024 | New York
KBRA withdraws its ratings from the classes shown below. These actions reflect that each class has been paid in full per the December 2024 payment date.
To access ratings and relevant documents, click the links below:
- Avant Loans Funding Trust 2021-REV1, Class C
- Pagaya AI Debt Trust 2022-6, Class A-2
- DT Auto Owner Trust 2023-1, Class A
- Pagaya AI Debt Trust 2023-5, Class A
- Pagaya AI Debt Trust 2023-7, Class A
- GLS Auto Receivables Issuer Trust 2022-2, Class B
- LAD Auto Receivables Trust 2023-3, Class A-2
- Westlake Automobile Receivables Trust 2023-2, Class A-2-A and Class A-2-B
- CarNow Auto Receivables Trust 2023-2, Class A
- Marlette Funding Trust 2023-3, Class A
- Bridgecrest Lending Auto Securitization Trust 2024-3, Class A-1
- Carvana Auto Receivables Trust 2023-P2, Class A-2
- Carvana Auto Receivables Trust 2024-P2, Class N
Disclosures
A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here.
Information on the meaning of each rating category can be located here.
Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.
About KBRA
Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.
Doc ID: 1007410