Press Release

DBRS Finalizes Provisional Ratings on United Auto Credit Securitization Trust 2014-1

Auto
July 31, 2014

DBRS has today finalized its provisional ratings of the following classes issued by United Auto Credit Securitization Trust 2014-1:

-- Series 2014-1 Notes, Class A-1 at R-1 (high) (sf)
-- Series 2014-1 Notes, Class A-2 at AAA (sf)
-- Series 2014-1 Notes, Class B at AA (sf)
-- Series 2014-1 Notes, Class C at A (sf)
-- Series 2014-1 Notes, Class D at BBB (sf)
-- Series 2014-1 Notes, Class E at BB (sf)

Notes:
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.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.

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

DBRS’s rating definitions and the terms of use of such ratings are available at www.dbrs.com.

Ratings

United Auto Credit Securitization Trust 2014-1
  • Date Issued:Jul 31, 2014
  • Rating Action:Provis.-Final
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 31, 2014
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 31, 2014
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 31, 2014
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 31, 2014
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 31, 2014
  • Rating Action:Provis.-Final
  • Ratings:BB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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

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