DBRS Discontinues Rating of Ford Auto Securitization Trust 2012-R1, Class A-1 Notes

DBRS has today discontinued the rating of the Ford Auto Securitization Trust 2012-R1, Asset-Backed Notes, Series 2012-R1, Class A-1 as they were fully repaid on July 15, 2013.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodologies are Rating Canadian Auto Loan Securitizations and Legal Criteria for Canadian Structured Finance, which can be found on our website under Methodologies.

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
31-Jul-13	Asset-Backed Notes, Series 2012-R1, Class A-1	Discontinued	--	Disc.-Repaid	CA

More

Ford Auto Securitization Trust 2012-R1

Asset-Backed Notes, Series 2012-R1, Class A-1

Date Issued:Jul 31, 2013
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

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.

Download This Press Release