KBRA Assigns Preliminary Ratings to CPS Auto Receivables Trust 2018-D

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of notes issued by CPS Auto Receivables Trust 2018-D (“CPSART 2018-D”), an auto loan ABS transaction. CPS Auto Receivables Trust 2018-D (“CPSART 2018-D”) will issue five classes of notes totaling $233.73 million that are collateralized by a trust certificate backed by a pool of fixed rate retail automobile contracts, made to subprime obligors and secured by new and used automobiles, light truc