Press Release

DBRS Assigns Rating to Nissan Collateralized Auto Receivables, LLC

Auto
November 20, 2013

DBRS, Inc. (DBRS) has today assigned a final rating of AAA (sf) to the Nissan Collateralized Auto Receivables, LLC facility. The facility provides for funding of loans to be originated up to an advance of $500 million of eligible receivables. The Nissan Collateralized Auto Receivables, LLC facility is a warehouse provided to Nissan Motor Acceptance Corporation for the financing of auto loan receivables originated by Nissan Motor Acceptance Corporation, a subsidiary of Nissan North America, Inc.

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.