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CNH Equipment Trust 2011-C $810.945 Million Notes Assigned Preliminary Ratings Dec 11
Standard & Poors, December 2011
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
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 Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
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.
CNH Equipment Trust 2011-C