S&P Global Ratings Upgrades PenFed Auto Loan Securitizations Due to Strong Performance

S&P Global Ratings upgraded ratings on three classes and affirmed ratings on five classes in PenFed Auto Receivables Owner Trust 2022-A and 2024-A. TYSONS, Va., April 2, 2026 /PRNewswire/ -- PenFed Credit Union, one of the nation's largest federal credit unions, received notable upgrades...