DBRS Discontinues Rating on Ford Auto Securitization Trust 2012-R1 Class A-3 Notes

DBRS Limited (DBRS) has today discontinued its rating on Ford Auto Securitization Trust’s Asset-Backed Notes, Series 2012-R1, Class A-3, as they were fully repaid on June 15, 2016.

Notes:
The applicable methodologies are Rating Canadian Auto Retail Loan and Lease Securitizations (October 2015) and Legal Criteria for Canadian Structured Finance (August 2015), which can be found on our website under Methodologies.

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-Jul-16	Asset-Backed Notes, Series 2012-R1, Class A-3	Discontinued	--	Disc.-Repaid	CA

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Ford Auto Securitization Trust 2012-R1

Asset-Backed Notes, Series 2012-R1, Class A-3

Date Issued:Jul 8, 2016
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

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