Press Release

DBRS Discontinues Ratings on Navistar Financial Owner Trusts

Auto
May 24, 2012

DBRS, Inc. (DBRS) has discontinued its ratings on the Navistar Financial Owner Trust, Series 2010-A and Series 2010-B. The follow ratings have been discontinued due to repayment of the noteholders:

Navistar Financial 2010-A Owner Trust
-- Class A-1 previously rated R-1 (high) (sf) is now rated Disc- Repaid
-- Class A-2 previously rated AAA (sf) is now rated Disc- Repaid
-- Class A-3 previously rated AAA (sf) is now rated Disc- Repaid
-- Class B previously rated ‘A’ (sf) is now rated Disc- Repaid
-- Class C previously rated BBB (sf) is now rated Disc- Repaid

Navistar Financial 2010-B Owner Trust
-- Class A-1 previously rated R-1 (high) (sf) is now rated Disc- Repaid
-- Class A-2 previously rated AAA (sf) is now rated Disc- Repaid
-- Class A-3 previously rated AAA (sf) is now rated Disc- Repaid
-- Class B previously rated AA (low) (sf) is now rated Disc- Repaid
-- Class C previously rated ‘A’ (sf) is now rated Disc- Repaid

Notes:
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

Ratings

Navistar Financial 2010-A Owner Trust
  • Date Issued:May 24, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:May 24, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:May 24, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:May 24, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 27, 2011
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
Navistar Financial 2010-B Owner Trust
  • Date Issued:May 24, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:May 24, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:May 24, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:May 24, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:May 24, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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.