Kroll Bond Rating Agency Assigns Ratings to OneMain Direct Auto Receivables Trust 2017-1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns final ratings to five classes of notes issued by OneMain Direct Auto Receivables Trust 2017-1 (“ODART 2017-1”), an auto loan ABS transaction. The collateral in the ODART 2017-1 deal includes approximately $299.93 million of loans at closing. The ratings reflect the initial credit enhancement levels ranging from 31.00% for the Class A notes to 1.00% for the Class E notes, which build to 39.00% and 9.00% for the Class A and Class