NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of notes issued by Tidewater Auto Receivables Trust 2018-A (“TMCAT 2018-A”), an auto loan ABS transaction. TMCAT 2018-A is collateralized by approximately $170.8 million of subprime auto loan receivables as of March 31, 2018 out of an expected collateral balance of approximately $185.3 million after completion of the prefunding period. The transaction includes a prefunding feature that allows
