Brazil Defence and Security Report Q2 2013
- Language: English
- Published: February 2013
Abstract
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
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit
READ MORE >
CPS Auto Receivables Trust 2011-B
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |