Tag : Loan Securitization

S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance
Lending News

S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance

PR Newswire
by PR Newswire0
S&P Global Ratings upgraded ratings on three classes and affirmed ratings on three remaining classes in PenFed Auto Receivables Owner Trust 2022-A. Positive Outlooks were assigned to the class B, C and D notes. The affirmations and upgrades reflect collateral performance to date, expectations regarding future collateral performance, the transaction’s......
Vroom Announces Pricing of UACC Auto Loan Securitization
Finance News

Vroom Announces Pricing of UACC Auto Loan Securitization

Fintech News Desk
by Fintech News Desk0
Vroom an innovative ecommerce platform that offers a better way to buy and sell used vehicles, announced that United Auto Credit Corporation (UACC), an indirect wholly-owned subsidiary of the company, priced an auto loan securitization of $255.080 million in aggregate principal amount of automobile receivable backed notes (the “Notes”) on......
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