KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6
Pagaya Technologies .(US:PGY) Businesswire·2025-11-18 19:43交易概览 - KBRA为Research-Driven Pagaya Motor Asset Trust 2025-6和Research-Driven Pagaya Motor Trust 2025-6发行的七个级别票据授予初步评级[1] - 该交易是一项汽车贷款资产支持证券化交易[1] 信用增强结构 - A-1级票据的初始信用增强水平为89.26%[1] - E级票据的初始信用增强水平为1.86%[1] - 信用增强由超额抵押、次级票据从属（E级票据除外）和现金储备账户构成[1]