KBRA Assigns Preliminary Ratings to Santander Drive Auto Receivables Trust 2024-S3
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KBRA has assigned preliminary ratings to notes issued by Santander Drive Auto Receivables Trust 2024-S3, which is a re-securitization of previous auto loan transactions.
November 12, 2024 | 11:15 pm
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Santander Drive Auto Receivables Trust 2024-S3, associated with Santander, has received preliminary ratings from KBRA for its re-securitized notes.
The news pertains to a financial product associated with Santander, specifically the re-securitization of auto loans. While this indicates ongoing financial activities and potential stability, it does not directly impact Santander's stock price in the short term.
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IMPORTANCE 70
RELEVANCE 80