(The following statement was released by the rating agency) OVERVIEW -- Volvo Financial Equipment LLC's series 2010-1 issuance is a securitization backed by an amortizing pool of commercial truck loans and construction equipment loans. -- We placed our 'A (sf)' rating on the class B notes on CreditWatch positive. -- The 'A (sf)' rating reflects the better-than-expected collateral performance to date, and the growth in hard credit support as a percent of the current collateral balance. Sept ...
Premium Content (PAID Subscription Required)
"TEXT-S&P: Volvo Financial Equip 2010-1 on watch pos" 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
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.