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

Standard & Poors, May 2001

Abstract
TOKYO (Standard & Poor's CreditWire) May 15, 2001--Standard & Poor's today assigned its triple-'A' ratings to Hitachi Capital Corp.'s Auto Loan Trust Series 15 class 1-10 certificates (see list below). 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 -4.00 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 leading finance company in Japan, and a group company of Hitachi Ltd., an integrated electronics maker in Japan. The ratings are based on: -- Overcollateralization of...

Companies mentioned in this report are: Hitachi Capital Corp.,UFJ Trust Bank Ltd.
Action: New Rating

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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Hitachi Capital Corp.,UFJ Trust Bank Ltd.

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