BEIJING, July 27, 2022- S&P Global (China) Ratings today announced that it has withdrawn its rating on the Senior A Notes and Senior B Notes (Senior Notes) of the Autopia China 2020-2 Retail Auto Loan Backed Securities follows the complete paydown of the notes as reflected in the most recent trustee report for the transaction, which was originated by Beijing Hyundai Auto Finance Company (BHAF).
Rating Withdrawn:
Senior A Notes: AAAspc(sf)
Senior B Notes: AAAspc(sf)
Methodology Applied:
S&P Ratings China--Structured Finance Methodology
Related Research:
Commentary: Understanding Our Approach to China Consumer Asset-Backed Securities
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
Siyue Zhu, Beijing; april.zhu@spgchinaratings.cn