KBRA Assigns Preliminary Ratings to ACC Trust 2018-1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes totaling $212.6 million issued by ACC Trust 2018-1 (“ACC 2018-1”). This transaction is RAC King, LLC’s (the “Company”) inaugural sub-prime automobile closed-end lease securitization. The primary asset of ACC Trust 2018-1 will consist of the i) SUBI certificate, which represents the beneficial interest in the specified closed-end leases of the titling trust, ii) the specified vehicles