Report
EUR 153.38 For Business Accounts Only

Moody's upgrades two tranches from two auto loan ABS issued by Bank of Montreal

Moody's Investors Service ("Moody's") has upgraded two tranches from two Canadian Pacer Auto Receivables Trusts issued in 2019 and 2020. The notes are backed by pools of retail automobile loan contracts originated and serviced by Bank of Montreal (Aa2, P-1). The complete rating actions are as...
Underlyings
Canadian Pacer Auto Receivables Trust 2019-1

Canadian Pacer Auto Receivables Trust 2020-1

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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