Presale

Drive Auto Receivables Trust 2021-3: Presale Report

Auto

Summary

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following classes of notes to be issued by Drive Auto Receivables Trust 2021-3 (the Issuer):

-- $208,800,000 Class A-1 Notes at R-1 (high) (sf)
-- $391,700,000 Class A-2 Notes at AAA (sf)
-- $161,670,000 Class A-3 Notes at AAA (sf)
-- $152,470,000 Class B Notes at AA (sf)
-- $167,600,000 Class C Notes at A (high) (sf)
-- $194,420,000 Class D Notes at BBB (high) (sf)

Ratings

Drive Auto Receivables Trust 2021-3
  • Date Issued:Nov 4, 2021
  • Rating Action:Provis.-New
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 4, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 4, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 4, 2021
  • Rating Action:Provis.-New
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 4, 2021
  • Rating Action:Provis.-New
  • Ratings:A (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 4, 2021
  • Rating Action:Provis.-New
  • Ratings:BBB (high) (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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