Fitch Issues Presale Report on DaimlerChrysler Auto Trust 2004-C.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. issued a presale report today on DaimlerChrysler Auto Trust 2004-C discussing the rating analysis behind Fitch's expected 'F1+/AAA' ratings on the class A notes and 'A' rating on the class B notes. The securities are backed by a pool of retail installment sales Installment sale The sale of an asset in exchange for a specified series of payments (the installments). installment sale A sale in which the buyer is scheduled to make a series of payments over a period of time. contracts secured by new and used automobiles and light duty trucks. The presale report is available to all investors on Fitch's corporate site, 'www.fitchratings.com'. For more information about Fitch's comprehensive subscription service Fitch Research, which includes all presale reports, surveillance, and credit reports on more than 20 asset-backed securities (ABS) asset classes, including collateralized debt obligations Collateralized Debt Obligation (CDO) A general inclusive term which covers Collateralized Bond Obligations, Collateralized Loan Obligations, and Collateralized Mortgage Obligations, (CDOs), contact product sales at +1-212-908-0800 or at 'webmaster@fitchratings.com'. |
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