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Preliminary 'AAA' Ratings Assigned to Hitachi Capital's Auto Loan Trust Series 15 ?3.95B Certs May 01

  • ID: 1802540
  • May 2001
  • Standard & Poors
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TOKYO (Standard & Poor's CreditWire) May 9, 2001--Standard & Poor's today assigned its preliminary triple-'A' ratings to Hitachi Capital Corp.'s Auto Loan Trust Series 15 class 1-10 certificates (see list below). The preliminary ratings are based on information as of May 9, 2001. Subsequent information may result in final ratings that differ from the preliminary ratings. Standard & Poor's ratings address the full and timely payment of interest and the full repayment of principal by the legal final maturity date of August 2006. The -3.95 billion trust certificates are backed by a pool of about -4.07 billion of auto loan receivables originated by Hitachi Capital Corp. (A+/Negative/A-1) and entrusted to Toyo Trust & Banking Co. Ltd. Hitachi Capital is a...

Companies mentioned in this report are: Hitachi Capital Corp.
Action: New Rating

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Research type: News
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Hitachi Capital Corp.

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