Presale

American Credit Acceptance Receivables Trust 2020-3 - Presale Report

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Summary

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following classes of notes to be issued by American Credit Acceptance Receivables Trust 2020-3 (ACAR 2020-3 or the Issuer):

-- $159,330,000 Class A Notes at AAA (sf)
-- $45,230,000 Class B Notes at AA (sf)
-- $76,270,000 Class C Notes at A (sf)
-- $38,040,000 Class D Notes at BBB (sf)
-- $23,440,000 Class E Notes at BB (low) (sf)
-- $17,690,000 Class F Notes at B (sf)

Ratings

American Credit Acceptance Receivables Trust 2020-3
  • Date Issued:Aug 4, 2020
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 4, 2020
  • Rating Action:Provis.-New
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 4, 2020
  • Rating Action:Provis.-New
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 4, 2020
  • Rating Action:Provis.-New
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 4, 2020
  • Rating Action:Provis.-New
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 4, 2020
  • Rating Action:Provis.-New
  • Ratings:B (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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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