TEXT-Fitch report on Auto ABS FCT Compartiment 2011-1

Newswire

(The following statement was released by the ratings agency) June 24 - Fitch Ratings has assigned Auto ABS FCT Compartiment 2011-1's notes backed by French auto loan receivables originated by Credipar (not rated), expected ratings as follows: EUR956m Class A: 'AAAsf(exp)'; Outlook Stable; Loss Severity (LS) Rating 'LS-1' EUR94m Class B, not rated The final ratings are contingent on the receipt of final documents conforming to information already received. The expected ratings are ...

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