GLS Auto Receivables Issuer Trust 2020-4: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following classes of notes to be issued by GLS Auto Receivables Issuer Trust 2020-4 (the Issuer):

-- $155,400,000 Class A Notes at AAA (sf)
-- $42,170,000 Class B Notes at AA (sf)
-- $51,630,000 Class C Notes at A (low) (sf)
-- $32,050,000 Class D Notes at BBB (sf)
-- $29,220,000 Class E Notes at BB (sf)