AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Auto ABS Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research

AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Auto ABS Notes Assigned Preliminary Ratings

AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Auto ABS Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research
AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Auto ABS Notes Assigned Preliminary Ratings
Published Sep 09, 2025
4 pages (1827 words) — Published Sep 09, 2025
Price US$ 150.00  |  Buy this Report Now

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Abstract:

Ratings Class Preliminary rating* Preliminary amount (mil. €) A AAA (sf) TBD B-Dfrd AA- (sf) TBD C-Dfrd A (sf) TBD D-Dfrd BBB (sf) TBD E-Dfrd BBB- (sf) TBD F loan NR TBD *Our preliminary ratings address timely payment of interest and ultimate payment of principal on the class A notes while our preliminary ratings on the class B-Dfrd, C-Dfrd, D-Dfrd, and E-Dfrd notes address the potential deferral of interest payments until the notes are the most senior, and ultimate payment of principal. TBD--To be determined. NR--Not rated. We assigned our preliminary ratings to AUTO1 Car Funding S.a.r.l. acting with respect to its Compartment FinanceHero 2's asset-backed floating-rate class A, B-Dfrd, C-Dfrd, D-Dfrd, and E-Dfrd notes. This will be Autohero GmbH?s

  
Brief Excerpt:

...Class Preliminary rating* Preliminary amount (mil. ) A ### (sf) TBD B-Dfrd ##- (sf) TBD C-Dfrd A (sf) TBD D-Dfrd ### (sf) TBD E-Dfrd ###- (sf) TBD F loan ## TBD *Our preliminary ratings address timely payment of interest and ultimate payment of principal on the class A notes while our preliminary ratings on the class B-Dfrd, C-Dfrd, D-Dfrd, and E-Dfrd notes address the potential deferral of interest payments until the notes are the most senior, and ultimate payment of principal. TBD--To be determined. ##-- Not rated....

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Auto ABS Notes Assigned Preliminary Ratings" Sep 09, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/AUTO1-Car-Funding-S-a-r-l-Compartment-FinanceHero-2-Auto-ABS-Notes-Assigned-Preliminary-Ratings-3437676>
  
APA:
S&P Global Ratings’ Credit Research. (). AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Auto ABS Notes Assigned Preliminary Ratings Sep 09, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/AUTO1-Car-Funding-S-a-r-l-Compartment-FinanceHero-2-Auto-ABS-Notes-Assigned-Preliminary-Ratings-3437676>
  
US$ 150.00
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