DBRS Confirms GMF Floorplan Revolving Owner Trust at AA (sf)
AutoDBRS, Inc. (DBRS) confirmed the rating of the Series 2013-A, Auto Dealer Loan Asset Backed Notes (the Notes) of GMF Floorplan Revolving Owner Trust at AA (sf). The Notes have credit enhancement levels sufficient to cover DBRS’s expected losses at their current rating level.
Notes:
The principal 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.
Please see the attached appendix for additional information regarding the assumptions used in the rating process and related performance, which could affect 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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