Rating Action: Silver Arrow China 2020-2 Retail Auto Loan Asset Backed Notes Assigned AAAspc(sf) Rating
On September 14, 2020, S&P Global (China) Ratings assigned its AAAspc(sf) rating to the Class A notes of Silver Arrow China 2020-2 Retail Auto Loan Asset Backed Notes transaction issued by China Foreign Economy and Trade Trust (FOTIC) as trustee of MBAFC.
List of Ratings:
Class A: AAAspc(sf)
Class A: AAAspc(sf)
Methodology Applied:
Models Applied:
SPG China Ratings Cash Flow Engine
SPG China Ratings Cash Flow Engine
Media Contacts:
Sharon Tang, Beijing, (86)10-6569-2988; sharon.tang@spgchinaratings.com
Sharon Tang, Beijing, (86)10-6569-2988; sharon.tang@spgchinaratings.com
Analyst Contacts:
Enjie Zhang, Beijing; enjie.zhang@spgchinaratings.cn
Heming Yu, CFA, Beijing; heming.yu@spgchinaratings.cn
Enjie Zhang, Beijing; enjie.zhang@spgchinaratings.cn
Heming Yu, CFA, Beijing; heming.yu@spgchinaratings.cn
Jieqiong Du, Beijing; jieqiong.du@spgchinaratings.cn
(Note: This document is prepared in both English and Chinese. The English translation is for reference only, and the Chinese version will prevail in the event of any inconsistency between the English version and the Chinese version.)