KBRA Assigns Preliminary Ratings to Westlake Automobile Receivables Trust 2026-P2

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of notes issued by Westlake Automobile Receivables Trust 2026-P2 (“WLAKE 2026-P2”), an asset-backed securitization collateralized by a pool of prime auto loans. WLAKE 2026-P2 will issue seven classes of notes totaling $500.00 million. The preliminary ratings reflect initial credit enhancement of 8.50% for the Class A notes (consisting of Class A-1, Class A-2, Class A-3, and Class A-4), through 1.25