AmeriCredit Automobile Receivables Trust 2012-3 $1,170,238,000 Notes Assigned Preliminary Ratings Jun 12
- Language: English
- Published: June 2012
OVERVIEW AmeriCredit Automobile Receivables Trust 2011-4's note issuance is an asset-backed securitization backed by subprime auto loan receivables. We assigned our ratings to the class A-1, A-2, A-3, B, C, D, and E notes. The ratings reflect our view of the transaction's credit support, payment and legal structures, and pool characteristics, among other factors. NEW YORK (Standard & Poor's) Sept. 20, 2011--Standard & Poor's Ratings Services today assigned its ratings to AmeriCredit Automobile Receivables Trust 2011-4's $900 million automobile receivables-backed notes series 2011-4 (see list). The note issuance is an asset-backed securitization backed by subprime auto loan receivables. The ratings reflect our view of: The availability of approximately 44.5%, 39.6%, 32.8%, 26.6%, and 23.4% credit support for the class A,...
Companies mentioned in this report are: AmeriCredit Automobile Receivables Trust 2011-4
Action: New Rating
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AmeriCredit Automobile Receivables Trust 2011-4