TEXT-S&P release on Huntington Auto Trust 2008-1, 2009-1

Newswire

(The following statement was released by the rating agency)

OVERVIEW

-- Huntington Auto Trust's series 2008-1 and 2009-1 are securitizations of prime new- and used-vehicle loans originated by Huntington National Bank.

-- We raised our ratings on the class B and C notes from Huntington Auto Trust's series 2008-1 due to an increase in credit enhancement in relation to our revised net loss expectations.

-- We affirmed four ratings on Huntington Auto ...

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