TEXT-Fitch confirms AyT Auto II Cofiber at 'F1+'


(The following statement was released by the ratings agency) June 24 - Fitch Ratings has today affirmed AyT Automocion II Cofiber E.F.C. FTA's (AyT Auto II Cofiber) commercial paper (CP) at Short-term 'F1+'. AyT Auto II Cofiber is a single-seller asset-backed commercial paper (ABCP) programme backed by receivables due from car dealers in Spain. The affirmation follows the annual renewal of a guarantee facility which enables the programme to continue issuing CP. AyT Auto II Cofiber is fully ...

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