New Issue: Auto ABS French Leases 2026 - S&P Global Ratings’ Credit Research

New Issue: Auto ABS French Leases 2026

New Issue: Auto ABS French Leases 2026 - S&P Global Ratings’ Credit Research
New Issue: Auto ABS French Leases 2026
Published Oct 29, 2026
Published Oct 29, 2026
Price US$ 500.00  |  Buy this Report Now

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Abstract:

Ratings Class ISIN Amount (mil. €) Rating* Available credit enhancement (%)§ Interest (%) Legal final maturity A FR001401AYQ3 473.70 AAA (sf) 22.5 One-month EURIBOR plus 0.7%, floored at zero Oct. 28, 2038 B 129.74 NR N/A 1% Oct. 28, 2038 *Our rating addresses timely payment of interest and ultimate payment of principal. §Credit enhancement figures indicate the enhancement available, which comprises class subordination and the general reserve. NR--Not rated. N/A--Not applicable. EURIBOR--Euro Interbank Offered Rate. S&P Global Ratings has assigned its'AAA (sf) credit rating to Auto ABS French Leases 2026's class A floating-rate notes. At closing, the issuer also issued unrated asset-backed fixed-rate class B notes. CREDIPAR, which is fully owned by Banque Stellantis France (BBB+/Stable/A-2), provides financing

  
Report Type:

Full Report

Sector
Structured Finance
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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MLA:
S&P Global Ratings’ Credit Research. "New Issue: Auto ABS French Leases 2026" Oct 29, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/New-Issue-Auto-ABS-French-Leases-2026-3651855>
  
APA:
S&P Global Ratings’ Credit Research. (). New Issue: Auto ABS French Leases 2026 Oct 29, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/New-Issue-Auto-ABS-French-Leases-2026-3651855>
  
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