NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of CPS Auto Receivables Trust 2017-A (“CPSART 2017-A”), an auto loan ABS transaction. CPS Auto Receivables Trust 2017-A (“CPSART 2017-A”) will issue five classes of notes totaling $206 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 trucks, vans and miniva
