DBRS Confirms Ratings on Veritas Receivables, LLC - Credit Agreement

DBRS, Inc. (DBRS) has today confirmed the ratings of A (low) (sf) and BBB (sf) on Veritas Receivables, LLC – Credit Agreement’s Class A Loan and Class B Loan, respectively, pursuant to the Amended and Restated Veritas Receivables, LLC – Credit Agreement dated as of May 19, 2016.

Veritas Receivables, LLC – Credit Agreement includes a derivative counterparty with a rating below the level of A (high) set forth in the DBRS “Legal Criteria for U.S. Structured Finance” methodology.

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.