DBRS Confirms GMF Leasing Warehouse Trust 2016-B at AA (sf)

DBRS, Inc. (DBRS) has today confirmed the rating of the 2016-B Exchange Note of GMF Leasing Warehouse Trust 2016-B at AA (sf). The 2016-B Exchange Note has credit enhancement levels sufficient to cover DBRS’s expected losses at its current rating level.

Notes:
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The rated entity or its related entities did participate in the rating process. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

Please see the attached appendix for additional information regarding the assumptions used in the rating process and related performance, which could affect rating sensitivity.