KBRA Assigns Preliminary Ratings to Notes Issued by DT Auto Owner Trust 2018-3

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by DT Auto Owner Trust 2018-3 (“DTAOT 2018-3”), an auto loan ABS transaction. DTAOT 2018-3 will issue $449.35 million of notes collateralized by approximately $550.00 million of subprime auto loan receivables. The preliminary ratings reflect the initial credit enhancement levels ranging from 61.20% for the Class A notes to 19.80% for the Class E notes, which build to 65.00% and