Report
Justin Tsang ...
  • N/A N/A
  • Rield Boshti

Ford Auto Securitization Trust 2020-A: Presale Report

DBRS Limited (DBRS Morningstar) assigned the following provisional ratings to the Asset-Backed Notes, Series 2020-A to be issued by Ford Auto Securitization Trust (FAST) 2020-A:

-- AAA (sf) to the Asset-Backed Notes, Series 2020-A, Class A-1 (the Class A-1 Notes)
-- AAA (sf) to the Asset-Backed Notes, Series 2020-A, Class A-2 (the Class A-2 Notes)
-- AAA (sf) to the Asset-Backed Notes, Series 2020-A, Class A-3 (the Class A-3 Notes; collectively with the Class A-1 Notes and the Class A-2 Notes, the Class A Notes)
-- AA (sf) to the Asset-Backed Notes, Series 2020-A, Class B (the Class B Notes) and
-- A (sf) to the Asset-Backed Notes, Series 2020-A, Class C (the Class C Notes; collectively with the Class A Notes and Class B Notes, the Notes)
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Justin Tsang

N/A N/A

Rield Boshti

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