Press Release

DBRS Assigns Final Ratings to Prestige Auto Receivables Trust 2013-1

Auto
April 10, 2013

DBRS, Inc. (DBRS) has assigned final ratings to the following classes issued by Prestige Auto Receivables Trust 2013-1:

-Series 2013-1 Notes, Class A-1 rated R-1 (high) (sf)
-Series 2013-1 Notes, Class A-2 rated AAA (sf)
-Series 2013-1 Notes, Class A-3 rated AAA (sf)
-Series 2013-1 Notes, Class B rated AA (high) (sf)
-Series 2013-1 Notes, Class C rated ‘A’ (high) (sf)
-Series 2013-1 Notes, Class C rated BBB (high) (sf)

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

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

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

Ratings

Prestige Auto Receivables Trust 2013-1
  • 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.