MELBOURNE (S&P Global Ratings) Oct. 29, 2026--S&P Global Ratings today raised its rating on the class B notes of asset-backed securities issued by Perpetual Corporate Trust Ltd. as trustee of Panorama Auto Trust 2024-3. At the same time, we affirmed our rating on the class A notes. The notes are backed by a pool of consumer loan, commercial loan, and novated lease contracts backed predominately by motor vehicles that were originated by Angle Auto Finance Pty Ltd. The rating actions reflect our view of the credit risk of the pool, which has been performing in line with our expectations. Credit support, in the form of subordination, has increased for each class of rated notes since transaction close. The arrears performance