Globaldrive Auto Receivables UK 2020-B plc: Rating Report
DBRS Ratings Limited (DBRS Morningstar) assigned ratings to the Class A and Class B Notes issued by Globaldrive Auto Receivables UK 2020-B plc. The notes are backed by a pool of new and used car and light commercial vehicle loan receivables originated in the United Kingdom by FCE Bank plc and relate almost entirely to the financing of Ford-branded vehicles. For insight beyond the ratings, see the rating report.
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.
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