Credit Rating Report
Cars Alliance Auto Loans Germany V 2021-1: Rating Report
AutoSummary
DBRS Ratings GmbH (DBRS Morningstar) finalised its provisional ratings to the Class A Notes and Class B Notes (together, the Notes) issued by Cars Alliance Auto Loans Germany V 2021-1 (the Issuer) as follows:
-- Class A Notes at AAA (sf)
-- Class B Notes at AA (high) (sf)
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Daniel Rakhamimov
Assistant Vice President - European Structured Finance Ratings, Surveillance
+(49) 69 8088 3509
daniel.rakhamimov@morningstar.com- Guglielmo Panizza
Vice President - European ABS Ratings
+(49) 69 8088 3685
guglielmo.panizza@morningstar.com - Simon Murphy
Vice President - European Structured Finance Ratings, Operational Risk
+(44) 20 7855 6676
simon.murphy@morningstar.com - Alex Garrod
Senior Vice President, Lead - Structured Finance Analytics, Data Analytics
+(44) 20 7855 6606
alex.garrod@morningstar.com