DBRS Discontinues Ratings of Ford Auto Securitization Trust 2010-R1 Notes

DBRS has today discontinued its ratings on the Ford Auto Securitization Trust, Asset-Backed Notes, Series 2010-R1 as they were fully repaid on July 15, 2014.

Notes:
The applicable methodologies are Rating Canadian Auto Retail Loan and Lease 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
16-Jul-14	Asset-Backed Notes, Series 2010-R1, Class B	Discontinued	--	Disc.-Repaid	CA
16-Jul-14	Asset-Backed Notes, Series 2010-R1, Class C	Discontinued	--	Disc.-Repaid	CA
16-Jul-14	Asset-Backed Notes, Series 2010-R1, Class D	Discontinued	--	Disc.-Repaid	CA

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Ford Auto Securitization Trust 2010-R1

Asset-Backed Notes, Series 2010-R1, Class B

Date Issued:Jul 16, 2014
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

Asset-Backed Notes, Series 2010-R1, Class C

Date Issued:Jul 16, 2014
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

Asset-Backed Notes, Series 2010-R1, Class D

Date Issued:Jul 16, 2014
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.

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