Press Release

DBRS Discontinues Provisional Ratings on CIG Auto Receivables Trust 2016-1

Auto
March 15, 2016

DBRS, Inc. (DBRS) has today discontinued its provisional ratings on the CIG Auto Receivables Trust 2016-1 (CIGAR 2016-1) securities. CIGAR 2016-1, an auto loan securitization transaction, has been withdrawn from the market.

-- Series 2016-1, Class A, previously rated A (sf), is now rated Disc.-Withdrawn
-- Series 2016-1, Class B, previously rated BBB (sf), is now rated Disc.-Withdrawn
-- Series 2016-1, Class C, previously rated BB (sf), is now rated Disc.-Withdrawn

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

DBRS’s rating definitions and the terms of use of such ratings are available at www.dbrs.com.

Ratings

CIG Auto Receivables Trust 2016-1
  • 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.