DBRS Confirms Ratings on Westgate Resorts 2015-2 LLC
OtherDBRS, Inc. (DBRS) has today confirmed the ratings of Westgate Resorts 2015-2 LLC as follows:
-- Timeshare Collateralized Notes, Series 2015-2, Class A, Confirmed at A (sf)
-- Timeshare Collateralized Notes, Series 2015-2, Class B, Confirmed at BBB (sf)
The two publicly rated classes reviewed were confirmed as credit enhancement levels are sufficient to cover DBRS’s expected losses at their current respective rating levels.
Notes:
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.
Please see the attached appendix for additional information regarding the assumptions used in the rating process and related performance that could impact rating sensitivity.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
Ratings
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