CNH Equipment Trust 2011-C $810.945 Million Notes Assigned Preliminary Ratings Dec 11
- ID: 2028951
- December 2011
- Standard & Poors
OVERVIEW CNH Equipment Trust 2011-C's issuance is an ABS securitization backed by equipment retail installment sales contracts. We assigned our preliminary ratings to the class A and B notes. The preliminary ratings reflect our view of the transaction's credit support, timely interest and principal payments, collateral characteristics, and legal structure, among other factors. NEW YORK (Standard & Poor's) Dec. 5, 2011--Standard & Poor's Ratings Services today assigned its preliminary ratings to CNH Equipment Trust 2011-C's $810.945 million asset-backed notes series 2011-C (see list). The note issuance is an ABS securitization backed by equipment retail installment sales contracts. The preliminary ratings are based on information as of Dec. 5, 2011. Subsequent information may result in the assignment of final ratings that...
Companies mentioned in this report are: CNH Equipment Trust 2011-C
Action: Preliminary Rating
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Research type: News
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