TEXT-Fitch affirms DFM 2005 ratings at AAAsf; stable outlook=2

Newswire

The transaction involves the securitisation of auto loans made by DFM N.V. (DFM) to auto dealers in the Netherlands. The auto dealers use the loans to make operational leases to SMEs in the Netherlands. The loans to the dealers are secured on both the underlying lease contracts and on the leased vehicles. DFM is a subsidiary of Volkswagen Pon Financial Services BV, part of Volkswagen AG (rated 'A-'/'F2') and Dutch car dealer Pon Holding B.V., a private company in the Netherlands. DFM is not ...

Premium Content (PAID Subscription Required)

"TEXT-Fitch affirms DFM 2005 ratings at AAAsf; stable outlook=2" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×