NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by GLS Auto Receivables Issuer Trust 2018-3 (“GCAR 2018-3”), an auto loan ABS transaction. GLS Auto Receivables Issuer Trust 2018-3 (“GCAR 2018-3” or “the Issuer”) issued four classes of notes totaling $288.22 million. The notes are backed by a pledge of assets of the Issuer and the underlying trust, the assets will include a certificate representing the entire beneficial owner
