Moody's Ratings (Moody's) has assigned definitive ratings to the notes issued by Carvana Auto Receivables Trust 2025-N1 (CRVNA 2025-N1). This is the first nonprime auto loan transaction of the year for Carvana LLC (Carvana), an indirect wholly owned subsidiary of Carvana Co. (Caa1, positive). The ...
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