Moody's upgrades Drive subprime auto loan ABS from 2015 and 2016
Approximately $4.1 billion of asset-backed securities affected. New York, January 19, 2017-- Moody's Investor Services has upgraded 10 tranches and affirmed nineteen tranches from the Drive Auto Receivables Trust transactions issued in 2015 and 2016. The securitizations are sponsored by Santander Consumer USA Inc.. Complete rating actions are as follows:.
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