Credit Rating Report

Silver Arrow Merfina 2021-1 S.r.l.: Rating Report

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Summary

The Class A Notes and Class B Notes are backed by a pool of approximately EUR 560 million of fixed-rate receivables related to Italian auto loans granted by Mercedes-Benz Financial Services Italia S.p.A. (MBFSI or the Seller) to private and commercial borrowers in Italy. The proceeds of a subordinated loan funded the general reserve account.

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Ratings

Silver Arrow Merfina 2021-1 S.r.l.
  • Date Issued:Dec 9, 2021
  • Rating Action:Provis.-Final
  • Ratings:AA (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

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