Kroll Bond Rating Agency Assigns Preliminary Ratings to American Credit Acceptance Receivables Trust 2017-1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of American Credit Acceptance Receivables Trust 2017-1 (“ACAR 2017-1”), an auto loan ABS transaction. American Credit Acceptance Receivables Trust 2017-1 (“ACAR 2017-1” or “the Issuer”) will issue five classes of notes totaling $209 million that are collateralized by a pool of retail automobile contracts, made to subprime obligors and secured by new and used automobiles and motorcycles. The st