US EditionFitch Upgrades PenFed Auto Loan Securitizations Due to Strong Performance - PressReach
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Fitch Upgrades PenFed Auto Loan Securitizations Due to Strong Performance - PressReach
Fitch Global Ratings upgraded ratings on one class and affirmed ratings on three classes in PenFed Auto Receivables Owner Trust 2022-A. TYSONS, Va., May 14, 2025 /PRNewswire/ — PenFed Credit Union, one of the nation’s largest federal credit unions, received notable upgrades from Fitch on the ratings of the bonds issued through its inaugural prime auto loan securitization offering PenFed Auto Receivables Owner Trust 2022-A (PNFED 2022-A) due to s…
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