DBRS Confirms Ratings on UACC Auto Financing Trust II Based on Amended Warehouse Transaction Provisions

In consideration of amended warehouse transaction provisions effected today, DBRS, Inc. has confirmed the ratings of the Class A and the Class B loans of the UACC Auto Financing Trust II transaction at AA (sf) and A (sf), respectively. The UACC Auto Financing Trust II facility is a warehouse provided to United Auto Credit Corporation (UACC) for the financing of auto loan receivables originated by UACC, a subsidiary of United PanAm Financial Corporation.

Notes:
The applicable methodology is Rating U.S. Retail Auto Loan Securitizations (December 2014), which can be found on our website under Methodologies.

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

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