NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by GLS Auto Receivables Trust 2018-1 (“GCAR 2018-1”), an auto loan ABS transaction. GLS Auto Receivables Trust 2018-1 (“GCAR 2018-1” or “the Issuer”) will issue three classes of notes totaling $266.45 million that are collateralized by a pool of fixed rate retail automobile contracts, made to subprime obligors, secured by new and used non-commercial automobiles. The preliminar
