S&P Global Ratings Upgrades Securitizations Sponsored By Carvana
Portfolio Pulse from Benzinga Newsdesk
S&P Global Ratings has upgraded securitizations sponsored by Carvana (NYSE:CVNA) due to capital structure de-leveraging and outperformance of initial assumptions.
June 01, 2023 | 1:09 pm
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POSITIVE IMPACT
Carvana's securitizations receive upgrades from S&P Global Ratings, which may positively impact the company's stock price.
The upgrades in securitizations by S&P Global Ratings indicate a positive outlook for Carvana's financial performance. This may lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100