Panorama Auto Trust 2024-3 Rating Raised On Class B Notes And Affirmed On Class A Notes - S&P Global Ratings’ Credit Research

Panorama Auto Trust 2024-3 Rating Raised On Class B Notes And Affirmed On Class A Notes

Panorama Auto Trust 2024-3 Rating Raised On Class B Notes And Affirmed On Class A Notes - S&P Global Ratings’ Credit Research
Panorama Auto Trust 2024-3 Rating Raised On Class B Notes And Affirmed On Class A Notes
Published Oct 28, 2026
Published Oct 28, 2026
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Abstract:

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

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Pacific
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MLA:
S&P Global Ratings’ Credit Research. "Panorama Auto Trust 2024-3 Rating Raised On Class B Notes And Affirmed On Class A Notes" Oct 28, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Panorama-Auto-Trust-2024-3-Rating-Raised-On-Class-B-Notes-And-Affirmed-On-Class-A-Notes-3651687>
  
APA:
S&P Global Ratings’ Credit Research. (). Panorama Auto Trust 2024-3 Rating Raised On Class B Notes And Affirmed On Class A Notes Oct 28, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Panorama-Auto-Trust-2024-3-Rating-Raised-On-Class-B-Notes-And-Affirmed-On-Class-A-Notes-3651687>
  
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