DBRS Confirms Rating for UACC Auto Financing Trust
AutoDBRS has today confirmed its rating on the UACC Auto Financing Trust of A (sf). The confirmation takes into consideration amendments to the term, pricing, borrowing base calculation and covenants of the transaction. Both current performance and the amendments are consistent with DBRS expectations at the confirmed rating level.
Notes:
All figures are in U.S. dollars unless otherwise noted.
The applicable methodologies are Rating U.S. Retail Auto Loan Securitizations and DBRS Master U.S. Surveillance Methodology, which can be found on our website under Methodologies.
Ratings
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.