DBRS Assigns Rating to Honda Canada Auto Receivables 2015-1 Owner Trust Note

DBRS Limited (DBRS) has today assigned a rating of AAA (sf) to the Note issued by Honda Canada Auto Receivables 2015-1 Owner Trust, which is backed by a portfolio of passenger car, light truck and sport utility vehicle loan receivable contracts originated by Honda Canada Finance Inc.

This rating has been assigned at the request of the note purchasers for regulatory purposes.

Notes:
The applicable methodologies are Rating Canadian Auto Retail Loan and Lease Securitizations (October 2014), Legal Criteria for Canadian Structured Finance (August 2014) and Derivatives Criteria for Canadian Structured Finance (August 2014), 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.