DBRS Discontinues Ratings on Navistar Financial Dealer Note Master Owner Trust II, Series 2011-1

DBRS, Inc. (DBRS) has discontinued its ratings on the notes issued Navistar Financial Dealer Note Master Owner Trust II, Series 2011-1 due to repayment of the notes. The following ratings have been discontinued due to repayment:

• Class A Notes previously rated AAA (sf) now rated Discontinued-Repaid
• Class B Notes previously rated AA (sf) now rated Discontinued-Repaid
• Class C Notes previously rated ‘A’ (sf) now rated Discontinued-Repaid

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

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