OnDeck Asset Securitization Trust II LLC, Series 2019-1: Presale Report
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Summary
DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following classes of Series 2019-1 Fixed Rate Asset Backed Notes (Series 2019-1) to be issued by OnDeck Asset Securitization Trust II LLC (the Issuer):
-- $86,300,000 Class A rated AAA (sf)
-- $8,200,000 Class B rated AA (sf)
-- $9,300,000 Class C rated A (sf)
-- $13,300,000 Class D rated BBB (sf)
-- $7,900,000 Class E rated BB (high) (sf)