Island Finance Trust 2026-1's issuance is an ABS securitization backed by personal consumer loan receivables. We assigned our preliminary ratings to the class A, B, C, D, and E notes. The preliminary ratings reflect our view of the transaction's credit support and payment and legal structures, among other factors. ENGLEWOOD (S&P Global Ratings) Oct. 29, 2026--S&P Global Ratings today assigned its preliminary ratings to Island Finance Trust 2026-1's personal consumer loan-backed notes (see list). The note issuance is an ABS securitization backed by personal consumer loan receivables. The preliminary ratings are based on information as of Oct. 29, 2026. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings. The preliminary ratings reflect
