Credit Rating Report

Ford Auto Securitization Trust 2019-B: Rating Report

Auto

Summary

DBRS Limited (DBRS Morningstar) finalized the following provisional ratings on the Asset-Backed Notes, Series 2019-B issued by Ford Auto Securitization Trust 2019-B:

-- AAA (sf) on the Asset-Backed Notes, Series 2019-B, Class A-1 (the Class A-1 Notes)
-- AAA (sf) on the Asset-Backed Notes, Series 2019-B, Class A-2 (the Class A-2 Notes)
-- AAA (sf) on the Asset-Backed Notes, Series 2019-B, Class A-3 (the Class A-3 Notes; collectively with the Class A-1 Notes and Class A-2 Notes, the Class A Notes)
-- AA (sf) on the Asset-Backed Notes, Series 2019-B, Class B (the Class B Notes) and
-- A (sf) on the Asset-Backed Notes, Series 2019-B, Class C (the Class C Notes; collectively with the Class A Notes and Class B Notes, the Notes)

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