Research: Rating Action: Moody’s upgrades four installments of 2021 CarMax ABS basic car loan


No Relevant Data.

© 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and / or the licensors and their subsidiaries (collectively, “MOODY’S”). All rights reserved.

Credit ratings issued by Moody’s credit rating subsidiaries are their current views on the related future credit risk of entities, bonds or debt securities or debt securities, and materials, products, services and information published by Moody’s collectively, “publications”) MAY INCLUDE SUCH CURRENT VIEWS. Moody’s defines CREDIT RISK AS THE RISK THAT AN EDITION CAN NOT EXPORT THE CONTRACTING FINANCIAL LIABILITIES AS WELCOME AND ANY ESTIMATED FINANCIAL DAMAGE IN A GETTING CASE. SEE THE PUBLICATION OF MOODY’S SYMBOLS AND DEFINITIONS FOR INFORMATION ABOUT THE TYPES OF CONTRACTUAL FINANCIAL OBLIGATIONS AND OBLIGATIONS. CREDIT ASSESSMENTS DO NOT TAKE ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: RISK OF LIQUIDITY, LIQUIDITY. CREDIT ASSESSMENTS, NON-CREDIT ASSESSMENTS (“EVALUATIONS”) AND OTHER OPINIONS INCLUDED IN THE MOODY’S PUBLICATIONS DO NOT GIVE IT TO YOU. MOODY’S PUBLICATIONS MAY ALSO INCLUDE QUANTITATIVE CREDIT RISK ASSESSMENTS AND RELATED OPINIONS OR COMMENTS PUBLISHED BY PUBLICATIONS. AND / OR INSAFFITS. Moody’s credit ratings, ratings, other views and publications do not constitute or provide investment or financial advice, and Moody’s credit ratings, ratings, other views and publications are not and do not recommend buying, selling or the possession of specific titles. MOODY’S RATINGS, EVALUATIONS, OTHER OPINIONS AND PUBLICATIONS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY CONCERN. Moody’s issues its credit rating, ratings and other opinions and publishes its publications with the expectation and understanding that each investor will, with due diligence, do its own study and evaluate any security considered for purchase, exploitation or sale.

Moody’s credit ratings, ratings, other views and publications are not intended for use by retailers and would be reckless and inappropriate for retailers to use credit ratings, ratings, other views or publications when making an investment decision. . IF THERE IS NO DOUBT, YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER.

All information contained herein is protected by law, including copyright law, and none of this information may be copied or otherwise reproduced, repackaged, transferred further, transferred, disseminated, remodeled or stored for later use for any such SUCH PURPOSE, INTEGRATED OR PARTIAL, IN ANY FORM OR WAY OR BY ANY MEASURE, BY WHEREVER.

THE RATES, CREDIT EVALUATIONS, OTHER EDUCATIONS AND MOODY’S PUBLICATIONS NOT INSTED FOR USE BY NO PERSON AS CONSTRUCTION DATA DATA PRODUCTION, THAT SERUS IS SUPPOSED FOR ADMINISTRATIVE PURPOSE AND TO BE PROVIDED.

All information contained herein is obtained from MOODY’S from sources that it believes are accurate and reliable. Due to the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided “AS IS” WITHOUT ANY WARRANTY. MOODY’S takes all necessary measures to ensure that the information it uses to assign credit ratings is of sufficient quality and from sources that MOODY’S considers reliable, including, where appropriate, independent third party sources. However, MOODY’S is not an auditor and may not in any case independently verify or validate the information obtained during the evaluation process or in the preparation of its Publications.

To the extent permitted by law, MOODY’S and its executives, officers, employees, agents, agents, licensors and suppliers disclaim liability to any person or entity for any indirect, specific, consequential or incidental losses or loss or in relation to the information contained herein or the use or inability to use any such information, even if MOODY’S or any of the directors, officers, employees, agents, agents, licensors or suppliers are informed in advance of the possibility such losses or losses, including but not limited to: (a) any loss of present or future profit or (b) any loss or loss arising when the relevant financial instrument is not the subject of a specific credit rating assigned by MOODY’S.

To the extent permitted by law, MOODY’S and its executives, executives, employees, agents, agents, licensors and suppliers disclaim liability for any direct or compensatory losses or damages caused to any person or any person under any circumstances. (but excluding fraud, intentional misconduct or any other form of liability which, for the avoidance of doubt, cannot be excluded by law) on or by MOODY’S or any of its directors, executives, or employees, agents, agents, licensors or suppliers, arising out of or in connection with the information contained herein or the use or inability to use any such information.

NO GUARANTEE, EXPRESSED OR SILLER, ON ACCURACY, ANNUALS, PROVISION, MARKETING OR SUITABLE FOR ANY PARTICULAR PURPOSE ANY ASSESSMENT OF CREDIT, EVALUATION, OTHER OPINION AND INFORMATION OPINION.

Moody’s Investors Service, Inc., a wholly-owned subsidiary of Moody’s Corporation (“MCO”), reveals that most issuers of securities (including corporate and municipal bonds, securities, banknotes and securities) by Moody’s Investors Service, Inc. have agreed, before assigning any credit rating, to pay Moody’s Investors Service, Inc. for views on credit ratings and services provided by it charges ranging from $ 1,000 to approximately $ 5,000,000. Moody’s MCO and Moody’s Investors Service also maintain policies and procedures to address the independence of Moody’s Investors Service’s credit rating and credit rating procedures. Information on certain partnerships that may exist between MCO executives and rated entities, as well as between entities that hold credit ratings by Moody’s Investors Service and have also publicly reported to the Securities and Exchange Commission a MCO ownership of more than 5%, is published annually. at www. .moodys.com under the heading “Investor Relations – Corporate Governance – Director and Shareholder Solidarity Policy”.

Additional terms for Australia only: Any publication in Australia of this document is in accordance with the Australian Financial Services License of MOODY’S, Moody’s Investors Service Pty Limited ABN 61 003 399 657AFSL 336969 and / or Moody AB and 500 Ltd. 383569 (as in force). This document is intended for “wholesale” customers only within the meaning of Section 761G of the Partnership Act 2001. By continuing to access this document from Australia, you declare to MOODY’S that you represent or have access to the document as a representative of a “wholesale customer” and that neither you nor the entity you represent will directly or indirectly distribute this document or its contents to “retail customers” within the meaning of section 761G of the Corporations Act 2001. MOODY’s credit rating is an opinion in terms of the issuer’s creditworthiness, not for the issuer’s equity securities or any form of securities available to private investors.

Additional terms for Japan only: Moody’s Japan KK (“MJKK”) is a wholly-owned subsidiary of Moody’s Group Japan GK, wholly owned by Moody’s Overseas Holdings Inc., a wholly owned subsidiary of MCO. Moody’s SF Japan KK (“MSFJ”) is a wholly owned subsidiary of MJKK. The MSFJ is not a Nationally Recognized Statistical Evaluation Agency (“NRSRO”). Therefore, credit ratings assigned by MSFJ are non-NRSRO credit ratings. Non-NRSRO credit ratings are assigned by a non-NRSRO entity and, as a result, the rating obligation does not qualify for certain types of treatment under US law. MJKK and MSFJ are credit rating agencies registered with the Japanese Financial Services Authority and their registration numbers are FSA Commissioner (Ratings) No. 2 and 3 respectively.

MJKK or MSFJ (as appropriate) disclose that most issuers of bonds (including corporate and municipal bonds, bonds, banknotes and commercial securities) and preferred stock rated by MJKK or MSFJ (where applicable) have, agreed to pay MJKK or MSFJ (as appropriate) for credit rating opinions and services provided by it for charges ranging from JPY 100,000 to approximately JPY 550,000,000.

MJKK and MSFJ also maintain policies and procedures to address Japanese regulatory requirements.

,

Leave a Comment