Press Release

DBRS Assigns Provisional Ratings to Mercedes-Benz Auto Receivables Trust 2015-1

Auto
July 13, 2015

DBRS, Inc. (DBRS) has today assigned provisional ratings to the following classes issued by Mercedes-Benz Auto Receivables Trust 2015-1:

-- Class A-1 Asset Backed Notes rated R-1 (high) (sf)
-- Class A-2A Asset Backed Notes rated AAA (sf)
-- Class A-2B Asset Backed Notes rated AAA (sf)
-- Class A-3 Asset Backed Notes rated AAA (sf)
-- Class A-4 Asset Backed Notes rated AAA (sf)

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.

Ratings

Mercedes-Benz Auto Receivables Trust 2015-1
  • Date Issued:Jul 13, 2015
  • Rating Action:Provis.-New
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 13, 2015
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 13, 2015
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 13, 2015
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 13, 2015
  • Rating Action:Provis.-New
  • Ratings:AAA (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

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.