Press Release

DBRS Discontinues Ratings on MBARC Credit Canada’s 2015-A Class A-2 and Class A-3 Asset Backed Notes

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September 13, 2017

DBRS Limited (DBRS) discontinued the ratings on MBARC Credit Canada Inc.’s 2015-A Class A-2 Asset Backed Notes and 2015-A Class A-3 Asset Backed Notes, as they were fully repaid on March 15, 2017, and August 15, 2017, respectively.

Notes:
The principal methodologies are Rating Canadian Auto Retail Loan and Lease Securitizations and Legal Criteria for Canadian Structured Finance, which can be found on dbrs.com under Methodologies.

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.

Ratings

  • 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.