NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Avid Automobile Receivables Trust 2018-1 (“AVID 2018-1”), an auto loan ABS ...
A recent term loan amendment has granted AVID additional flexibility - and time. Recent financial results have been disappointing and suggest the vaunted turnaround remains distant, if not impossible.
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