Press Release

DBRS Assigns Final Rating to the Class B Loans of the UACC Auto Financing Trust II

Auto
June 11, 2013

DBRS, Inc. (DBRS) has today assigned a final rating of ‘A’ (high) (sf) to the Class B Loans of the UACC Auto Financing Trust II facility. Further, DBRS confirms the AA (sf) rating of the UACC Auto Financing Trust II Class A Loans. The UACC Auto Financing Trust II facility is a warehouse provided to United Auto Credit Corporation (UACC) for the financing of auto loan receivables originated by UACC, a subsidiary of United PanAm Financial Corporation.

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.

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

Ratings

  • 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.