DBRS Confirms Ratings on Marine One Funding Corporation
AutoDBRS, Inc. (DBRS) has confirmed the outstanding rating of A (sf) for the A Purchase Certificate and the outstanding rating of BBB (sf) for the B Purchase Certificate. The collateral supporting the transaction is performing within DBRS expectations and available credit enhancement for each class is sufficient to cover DBRS expected losses.
--A Purchase Certificate confirmed at ‘A’ (sf)
--B Purchase Certificate confirmed at BBB (sf)
Notes:
The applicable methodology is the DBRS Master U.S. ABS 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.