Kbra assigns preliminary ratings to carvana auto receivables trust 2021-p3

New york--(business wire)-- #kbra--kroll bond rating agency (kbra) assigns preliminary ratings to eight classes of notes issued by carvana auto receivables trust 2021-p3 (“crvna 2021-p3”), an auto loan abs transaction. crvna 2021-p3 represents the sixth term abs securitization for the company in 2021, the fourth under its prime shelf, and the twelfth overall. crvna 2021-p3 will issue eight classes of notes totaling approximately $1.1 billion. the transaction is collateralized by approximately $1.035 bi
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