New Issue: AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 - S&P Global Ratings’ Credit Research

New Issue: AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2

New Issue: AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 - S&P Global Ratings’ Credit Research
New Issue: AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2
Published Sep 25, 2025
19 pages (7761 words) — Published Sep 25, 2025
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Ratings Class Rating* Amount (mil. €) Available credit enhancement (%) Interest Legal final maturity A AAA (sf) 176,700,000 29.0 One-month EURIBOR plus 0.64% July 16, 2035 B-Dfrd AA (sf) 20,000,000 21.0 One-month EURIBOR plus 0.85% July 16, 2035 C-Dfrd A (sf) 15,000,000 15.0 One-month EURIBOR plus 1.30% July 16, 2035 D-Dfrd BBB (sf) 12,500,000 10.0 One-month EURIBOR plus 1.75% July 16, 2035 E-Dfrd BBB- (sf) 12,500,000 5.0 One-month EURIBOR plus 2.70% July 16, 2035 F loan NR 12,500,000 N/A 4.5% July 16, 2035 *Our ratings address 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

  
Brief Excerpt:

...S&P Global Ratings assigned its credit 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. At closing, FinanceHero 2 also issued an unrated class F loan....

  
Report Type:

Full Report

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. "New Issue: AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2" Sep 25, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/New-Issue-AUTO1-Car-Funding-S-a-r-l-Compartment-FinanceHero-2-3447454>
  
APA:
S&P Global Ratings’ Credit Research. (). New Issue: AUTO1 Car Funding S.a.r.l., Compartment FinanceHero 2 Sep 25, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/New-Issue-AUTO1-Car-Funding-S-a-r-l-Compartment-FinanceHero-2-3447454>
  
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