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

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

AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Auto ABS Notes Assigned Ratings - S&P Global Ratings’ Credit Research
AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Auto ABS Notes Assigned Ratings
Published Sep 25, 2025
4 pages (1811 words) — Published Sep 25, 2025
Price US$ 150.00  |  Buy this Report Now

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Abstract:

Ratings Class Rating* Amount (mil. €) A AAA (sf) 176,700,000 B-Dfrd AA (sf) 20,000,000 C-Dfrd A (sf) 15,000,000 D-Dfrd BBB (sf) 12,500,000 E-Dfrd BBB- (sf) 12,500,000 F loan NR 12,500,000 *Our ratings address the timely payment of interest and ultimate payment of principal on the class A notes while our 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. NR--Not rated. We assigned our 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 is Autohero GmbH?s second German publicly placed ABS transaction but the

  
Brief Excerpt:

...We assigned our 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....

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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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 Ratings" Sep 25, 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-Ratings-3447457>
  
APA:
S&P Global Ratings’ Credit Research. (). AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Auto ABS Notes Assigned Ratings Sep 25, 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-Ratings-3447457>
  
US$ 150.00
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