Driver China eight Trust ABS Assigned Ratings

Stocks and Financial Services Press Releases Thursday December 7, 2017 16:05
HONG KONG--7 Dec--S&P Global Ratings

HONG KONG (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings today assigned its ratings to two classes of asset-backed securities (ABS) issued by Citic Trust Co. Ltd. as trustee of Driver China eight Trust (see list). The notes are backed by a pool of consumer loan contracts secured by passenger vehicles that were originated by Volkswagen Finance (China) Co. Ltd. (VWFC).


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