NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (“KBRA”) announces the preliminary ratings to four classes of notes issued by CarNow Auto Receivables Trust 2018-1 (“CNART 2018-1”), a subprime auto asset-backed securities transaction. CNART 2018-1 contains approximately $141.8 million of receivables as of September 30, 2018. The collateral balance will total $156.9 million after completion of the prefunding period. The prefunding will total approximately $15.0 million and will occur within t
