Fitch Affirms Nine AmeriCredit Automobile Receivables Trusts.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. affirms nine AmeriCredit Automobile Receivables Trusts as follows: AmeriCredit Automobile Receivables Trust 2004-A-F --Class A notes at 'AAA'. AmeriCredit Automobile Receivables Trust 2004-B-M --Class A notes at 'AAA'. AmeriCredit Automobile Receivables Trust 2004-C-A --Class A notes at 'AAA'. AmeriCredit Automobile Receivables Trust 2004-D-F --Class A notes at 'AAA'. AmeriCredit Automobile Receivables Trust 2005-A-X --Class A notes at 'AAA'. AmeriCredit Automobile Receivables Trust 2005-B-M --Class A notes at 'AAA'. AmeriCredit Automobile Receivables Trust 2005-C-F --Class A notes at 'AAA'. AmeriCredit Automobile Receivables Trust 2005-D-A --Class A notes at 'AAA'. AmeriCredit Automobile Receivables Trust 2006-B-G --Class A notes at 'AAA'. The above referenced AmeriCredit Automobile Receivables Trusts are all supported by a note guaranty insurance policy from Financial Security Assurance, MBIA MBIA Montana Building Industry Association MBIA Municipal Bond Insurance Association MBIA Michigan Boating Industries Association MBIA Municipal Bond Investors Assurance MBIA Massachusetts Brain Injury Association MBIA Maryland Business Incubation Association , Ambac Assurance Corporation Ambac Assurance Corporation A subsidiary of publicly traded Ambac Financial Group that provides financial guarantees for municipal borrowers and for asset-backed and structured issues. , XL Capital Assurance or Financial Guaranty Insurance Company, guaranteeing full and timely payment of interest and principal by the final scheduled distribution date. The rating affirmations are based on the terms of the note guaranty insurance policies and each insurer's financial strength rating of 'AAA' by Fitch. Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion