DBRS Discontinues Ratings on the Capital Auto Receivables Asset Trust 2007-SN1 Securitization Due to the Repayment of the Noteholders
AutoDBRS today discontinued ratings on the Capital Auto Receivables Asset Trust 2007-SN1 securities. Noteholders of the following classes have been fully repaid:
Capital Auto Receivables Asset Trust 2007-SN1:
--Class C Asset Backed Notes previously rated A (high) are now rated Disc.- Repaid
--Class D Asset Backed Notes previously rated BBB (high) are now rated Disc- Repaid
Notes:
This is a Structured Finance rating.
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.
Ratings
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