BEIJING, September 14, 2021-S&P Global (China) Ratings has assigned its AAAspc(sf) ratings to the Silver Arrow China 2021-2 Retail Auto Loan Asset Backed Securities (SAC 2021-2) senior notes of Class A (Class A or Senior Notes), to be originated by MBAFC.
List of Ratings:
Class A Notes: AAAspc(sf)
Methodology Applied:
S&P Ratings China--Structured Finance Methodology
Related Research:
Commentary: Understanding Our Approach to China Consumer Asset-Backed Securities
The Road to Recovery: China Corporate Mid-Year Outlook 2021
Model Applied:
SPG China Ratings Structured Finance Cash Flow Engine
Media Contacts:
Sharon Tang, Beijing, (86)10-6569-2988; sharon.tang@spgchinaratings.cn
Analyst Contacts:
Enjie Zhang, Beijing; enjie.zhang@spgchinaratings.cn
Jieqiong Du, Beijing; jieqiong.du@spgchinaratings.cn
Chengyun Li, Beijing; chengyun.li @spgchinaratings.cn