Auto ABS French Leases 2021: Presale Report

DBRS Ratings GmbH (DBRS Morningstar) assigned provisional ratings to the following classes of notes to be issued by Auto ABS French Leases 2021 (the Issuer), a French Fonds Commun de Titrisation:

-- Class A Notes at AAA (sf)
-- Class B Notes at AA (sf)

DBRS Morningstar did not assign provisional ratings to the Class C Notes or the residual units to be issued in this transaction.