DBRS Discontinues Rating on BMW Canada Auto Trust, Class A-2 Notes, Series 2016-1
AutoDBRS Limited (DBRS) discontinued its rating on the Class A-2 Notes, Series 2016-1 issued by BMW Canada Auto Trust as they were fully repaid on November 20, 2018.
Notes:
The principal methodology is Rating Canadian Auto Retail Loan and Lease Securitizations, 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.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
Ratings
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.