DBRS Discontinues Ratings on MBARC Credit Canada Inc.’s 2016-A Class A-1 Asset Backed Notes and 2017-A Class A-1 Asset Backed Notes
AutoDBRS Limited (DBRS) discontinued its ratings on MBARC Credit Canada Inc.’s 2016-A Class A-1 Asset Backed Notes and 2017-A Class A-1 Asset Backed Notes as they were fully repaid on December 15, 2017, and July 16, 2018, 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 for this rating action. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.
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