Press Release

DBRS Assigns Rating to Santander Consumer Receivables 9 LLC

Auto
February 12, 2015

DBRS, Inc. (DBRS) has today assigned a rating of A (sf) to the Santander Consumer Receivables 9 LLC facility. The Santander Consumer Receivables 9 LLC facility is a warehouse provided to Santander Consumer USA Inc. (SCUSA) for the financing of marine loan and recreational vehicle loan receivables. SCUSA acts as the servicer for the facility.

Notes:
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.