DBRS Discontinues Ratings on BMW Canada Auto Trust, Class A-1 Notes, Series 2016-1 and Class A-1 Notes, Series 2017-1
AutoDBRS Limited (DBRS) discontinued its ratings on the Class A-1 Notes, Series 2016-1 and Class A-1 Notes, Series 2017-1 issued by BMW Canada Auto Trust as they were fully repaid on November 20, 2017, and October 22, 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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