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KBRA Assigns Preliminary Ratings to OneMain Direct Auto Receivables Trust 2026-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by OneMain Direct Auto Receivables Trust 2026-1 (“ODART 2026-1”), an auto loan ABS transaction. ODART 2026-1 will issue four classes of notes totaling $500.0 million. The preliminary ratings reflect initial credit enhancement levels ranging from 32.05% for the Class A notes to 2.71% for the Class D notes. This transaction represents the first auto loan ABS securitization issued by OneMain Finance Corpora.
