Press Release

DBRS Assigns Rating of A (sf) to Second Avenue Funding, LLC

Auto
June 04, 2015

DBRS, Inc. has today assigned a rating of A (sf) to the Second Avenue Funding, LLC facility (the facility). The facility is a warehouse provided to the Springleaf Financial Corporation (Springleaf) for the financing of auto loan receivables. Springleaf also acts as the servicer for the facility. Wells Fargo Bank, N.A. acts as backup servicer for the facility.

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

The applicable methodology is Rating U.S. Retail Auto Loan Securitizations, which can be found on our website under Methodologies.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

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.

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DBRS Assigns Rating of A (sf) to Second Avenue Funding, LLC

Jun 04, 2015

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