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Home » DBRS upgrades 4 Arivo Acceptance ABS tranches

DBRS upgrades 4 Arivo Acceptance ABS tranches

Capital structure and available credit enhancement drove the upgrades

Joey PizzolatobyJoey Pizzolato
September 24, 2021
in Capital & Funding
Reading Time: 2 mins read
0
Northpoint Gears Up for More Growth After Exceeding $1B in Receivables

© Can Stock Photo / tuk69tuk

DBRS Morningstar has issued upgrades to both of Arivo Acceptance’s vintage 2019-1 and 2021-1 securitizations following positive collateral performance and revisions to the rating agency’s baseline macro-economic scenario report. All three tranches of the issuer’s inaugural $166 million securitization in 2019 were upgraded to AAA, AA and BB, respectively, and the Class A tranche in […]

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