Presale

Exeter Automobile Receivables Trust 2021-4: Presale Report

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Summary

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to Exeter Automobile Receivables Trust 2021-4 (EART 2021-4). The EART 2021-4 transaction represents the 31st securitization for Exeter Finance LLC and will offer both senior and subordinate rated securities. EART 2021-4 will issue approximately $850 million (approximately $1.045 billion, if upsized) of securities.

Ratings

Exeter Automobile Receivables Trust 2021-4
  • Date Issued:Nov 3, 2021
  • Rating Action:Provis.-New
  • Ratings:R-1 (high) (sf)
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  • Issued:US
  • Date Issued:Nov 3, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
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  • Issued:US
  • Date Issued:Nov 3, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
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  • Issued:US
  • Date Issued:Nov 3, 2021
  • Rating Action:Provis.-New
  • Ratings:AA (sf)
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  • Issued:US
  • Date Issued:Nov 3, 2021
  • Rating Action:Provis.-New
  • Ratings:A (sf)
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  • Issued:US
  • Date Issued:Nov 3, 2021
  • Rating Action:Provis.-New
  • Ratings:BBB (sf)
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  • Issued:US
  • Date Issued:Nov 3, 2021
  • Rating Action:Provis.-New
  • Ratings:BB (sf)
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  • Issued:US
  • Date Issued:Nov 3, 2021
  • Rating Action:Provis.-New
  • Ratings:B (sf)
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  • 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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