| Title: | Capital Auto Receivables Asset Trust 2008-2 Notes Assigned Preliminary Ratings |
| Price: | $100.00 |
| Publication Date: | May 06, 2008 |
| Report Type: | News |
| Abstract: | NEW YORK (Standard&Poor's) May 6, 2008--Standard&Poor's Ratings Services today assigned its preliminary ratings to Capital Auto Receivables Asset Trust 2008-2's $1.31 billion asset-backed notes series 2008-2 (see list). The preliminary ratings are based on information as of May 6, 2008. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings. The preliminary ratings reflect: -- The credit quality of the underlying pool, which has a weighted average FICO score of 717.27 and consists of prime automobile loans; -- The timely interest and principal payments made under stressed cash flow modeling scenarios that are consistent with the ratings assigned to each class of notes; -- The credit enhancement; and -- The |
| Brief Excerpt: | RESEARCH Ratings Definitions Capital Auto Receivables Asset Trust ####-# Notes Assigned Preliminary Ratings Publication date: ##-May-#### Primary Credit Analysts: Mark O'Neil, New York (#) ###-###-####; mark_o'neil@standardandpoors.com... |
| Word Count: | 684 |
| Issuer: | Capital Auto Receivables Asset Trust 2008-2 |
| Sector: | Structured Finance, Asset-Backed Securities |
| Country: | United States |
| Region: | United States |
| Format: | 
HTML
|
| Free Sample: |
Click
Here
to Download
|
Looking For Something Else?
