DBRS Discontinues Ratings on Three Private Driver Transactions
AutoDBRS, Inc. (DBRS) has discontinued its ratings on the Private Driver 2008-2, 2008-3, and 2008-4 notes. The follow ratings have been discontinued due to repayment of the notes:
Private Driver 2008-2 GmbH
-- Class A previously rated AAA (sf) is now rated Disc- Repaid
-- Class B previously rated AAA (sf) is now rated Disc- Repaid
Private Driver 2008-3 GmbH
-- Class A previously rated AAA (sf) is now rated Disc- Repaid
-- Class B previously rated AAA (sf) is now rated Disc- Repaid
Private Driver 2008-4 GmbH
-- Class A previously rated AAA (sf) is now rated Disc- Repaid
-- Class B previously rated AAA (sf) is now rated Disc- Repaid
Notes:
The applicable methodology is the Master European Structured Finance Surveillance Methodology, which can be found on our website under Methodologies.
Lead Analyst: Mike Babick
Rating Committee Chair: Claire Mezzanotte
Initial Rating Date: February 24, 2011
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.