TEXT-Moody's asgns prov rating of (P)Aaa to ORIX Auto ABS

Newswire

(The following statement was released by the rating agency) Jan 30 - Moody's Investors Service has assigned a (P)Aaa rating to senior beneficial interests backed by auto lease receivables (including leases with maintenance clauses), originated by ORIX Auto Corporation. The rating addresses the expected loss posed to investors by the final maturity date. The structure allows for timely payments of dividends (in scheduled amounts, on scheduled payment dates) and ultimate payment of ...

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