Kbra assigns preliminary ratings to carvana auto receivables trust 2023-p3

New york--(business wire)-- #kbra--kbra assigns preliminary ratings to five classes of notes (eight tranches) issued by carvana auto receivables trust 2023-p3 (“crvna 2023-p3”), a prime auto loan abs transaction. crvna 2023-p3, represents the fifth term abs securitization for the company in 2023, the eleventh under its prime shelf, and the twenty-third overall. crvna 2023-p3 will issue five classes of notes (eight tranches) totaling approximately $317.31 million. the transaction is collateralized by $3.
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