- Language: English
- Published: February 2013
CPS Auto Receivables Trust 2011-B $109.936 Million Notes Assigned Preliminary Ratings Sep 11
- Published: September 2011
- Standard & Poors
OVERVIEW CPS Auto Receivables Trust 2011-B's note issuance is an asset-backed securitization of subprime auto loan receivables. We assigned our preliminary ratings to the class A through D notes. The preliminary ratings reflect our view of the transaction's credit enhancement, timely interest and principal payments, legal structure, and collateral characteristics, as well as our stress scenarios, among other factors. NEW YORK (Standard & Poor's) Sept. 19, 2011--Standard & Poor's Ratings Services today assigned its preliminary ratings to CPS Auto Receivables Trust 2011-B's $109.936 million asset-backed notes (see list). The note issuance is an asset-backed securitization of subprime auto loan receivables. The preliminary ratings are based on information as of Sept. 19, 2011. Subsequent information may result in the assignment of...
Companies mentioned in this report are: CPS Auto Receivables Trust 2011-B
Action: Preliminary Rating
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Research type: News
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CPS Auto Receivables Trust 2011-B
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