Globaldrive Auto Receivables UK 2020-B plc: Rating Report

DBRS Ratings Limited (DBRS Morningstar) assigned ratings to the Class A and Class B Notes issued by Globaldrive Auto Receivables UK 2020-B plc. The notes are backed by a pool of new and used car and light commercial vehicle loan receivables originated in the United Kingdom by FCE Bank plc and relate almost entirely to the financing of Ford-branded vehicles. For insight beyond the ratings, see the rating report.