Credit Rating Report

Westlake Automobile Receivables Trust 2020-2: Rating Report

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Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following classes of notes issued by Westlake Automobile Receivables Trust 2020-2 (Westlake 2020-2 or the Issuer):

-- $192,000,000 Class A-1 Notes at R-1 (high) (sf)
-- $460,480,000 Class A-2-A Notes at AAA (sf)
-- $50,000,000 Class A-2-B Notes at AAA (sf)
-- $98,640,000 Class B Notes at AA (sf)
-- $122,550,000 Class C Notes at A (sf)
-- $101,630,000 Class D Notes at BBB (sf)
-- $74,700,000 Class E Notes at BB (sf)

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