DBRS Assigns Final Ratings to CNH Wholesale Master Note Trust Series 2011-1

DBRS has today assigned final ratings to the following classes issued by CNH Wholesale Master Note Trust Series 2011-1:

-Series 2011-1 Notes, Class A rated AAA (sf)
-Series 2011-1 Notes, Class B rated A (sf)

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

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

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

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
20-Jan-11	Series 2011-1, Class A	AAA (sf)	--	Provis.-Final	US E
20-Jan-11	Series 2011-1, Class B	A (sf)	--	Provis.-Final	US E

More

CNH Wholesale Master Note Trust Series 2011-1

Series 2011-1, Class A

Series 2011-1, Class B

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.

Jan 20, 2011