Presale

GMF Canada Leasing Trust, Series 2017-1: Presale Report

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Summary

DBRS Limited (DBRS) assigned the following provisional ratings to the Class A-1 •% Asset-Backed Notes, Series 2017-1 (Class A-1 Notes); Class A-2 •% Asset-Backed Notes, Series 2017-1 (Class A-2 Notes); Class A-3 •% Asset-Backed Notes, Series 2017-1 (Class A-3 Notes; collectively, with the Classes A-1 and A-2 Notes, the Class A Notes); Class B •% Asset-Backed Notes, Series 2017-1 (Class B Notes); and Class C •% Asset-Backed Notes, Series 2017-1 (Class C Notes and together with the Class A Notes and the Class B Notes, the Offered Notes). The Subordinated •% Asset-Backed Notes, Series 2017-1 (Subordinated Trust Note, together with the Offered Notes, the 2017-1 Trust Notes) are retained by the Issuer and are not rated. The 2017-1 Trust Notes will be issued by GMF Canada Leasing Trust on the Expected Closing Date:

-- Class A-1 Notes at AAA (sf)
-- Class A-2 Notes at AAA (sf)
-- Class A-3 Notes at AAA (sf)
-- Class B Notes at AA (sf)
-- Class C Notes at A (sf)
-- Subordinated Trust Note - unrated

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

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