Securitized Term Auto Receivables Trust 2019-CRT: Presale Report

DBRS Limited (DBRS Morningstar) assigned provisional ratings to the following notes to be issued by Securitized Term Auto Receivables Trust 2019-CRT (START 2019-CRT or the Trust):

-- AA (low) (sf) to the Auto Loan Receivables Backed Notes, Class B (the Class B Notes)
-- A (low) (sf) to the Auto Loan Receivables Backed Notes, Class C (the Class C Notes)
-- BB (sf) to the Auto Loan Receivables Backed Notes, Class D (the Class D Notes; collectively with the Class B Notes and the Class C Notes, the Subordinated Notes)