BEIJING, August 6, 2021- S&P Global (China) Ratings has assigned its rating AAAspc(sf) to Autopia China 2021-2 Retail Auto Loan Backed Securities Senior Notes (Senior Notes). The notes are backed by auto loans that were originated by Beijing Hyundai Auto Finance Company (BHAF).
List of Ratings:
Senior Notes: AAAspc(sf)
Methodology Applied:
S&P Ratings China--Structured Finance Methodology
Related Research:
Commentary: Understanding Our Approach to China Consumer Asset-Backed Securities
Turning a Corner-China Corporate Outlook 2021
The Journey Ahead: A Look At China’s Auto ABS Sector 2021 Edition
Models Applied:
SPG China Ratings Structured Finance Cash Flow Engine
Media Contacts:
Sharon Tang, Beijing, (86)10-6569-2988; sharon.tang@spgchinaratings.cn
Analyst Contacts:
Beibei Shi, Beijing; beibei.shi@spgchinaratings.cn
Jieqiong Du, Beijing; jieqiong.du@spgchinaratings.cn
Chengyun Li, Beijing; chengyun.li@spgchinaratings.cn