DBRS Assigns Provisional Ratings to Chrysler Financial Lease Trust, Series 2010-A

DBRS has today assigned provisional ratings to the following classes issued by Chrysler Financial Lease Trust Series 2010-A

–Series 2010-A Notes, Class A-1 rated R-1 (high)
–Series 2010-A Notes, Class A-2 rated AAA
–Series 2010-A Notes, Class B rated AA
–Series 2010-A Notes, Class C rated “A”

The ratings reflect the ability of the transaction structure to withstand significant stresses relative to base case credit losses, turn-in rates and residual value losses, as appropriate for the rating category.

Note:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating U.S. Auto Lease Securitizations, which can be found on our website under Methodologies.

This is a Structured Finance rating.

DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.

The full report providing additional analytical detail is available by clicking on the link below or by contacting us at info@dbrs.com.