Presale

Cars Alliance Auto Loans Germany V 2021-1: Presale Report

Auto

Summary

Cars Alliance Auto Loans Germany V 2021-1 represents the issuance of Notes backed by a portfolio of auto loan receivables granted by the German branch of RCI Banque S.A. (RCIB or the Seller) to private individuals residing in Germany. The initial portfolio of approximately EUR 973 million will comprise of both balloon and standard amortising loans granted for the purchase of new and used vehicles. The collateral portfolio will also be serviced by RCIB.

Ratings

Cars Alliance Auto Loans Germany V 2021-1
  • Date Issued:Sep 30, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • Date Issued:Sep 30, 2021
  • Rating Action:Provis.-New
  • Ratings:AA (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:EUU
  • 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