DBRS Rates PFS Financing Corp., Series 2010-C & Series 2010-D
DBRS has today assigned final ratings to the following classes issued by PFS Financing Corp.:
-- Series 2010-C Notes, Class A rated AAA
-- Series 2010-C Notes, Class B rated A
-- Series 2010-D Notes, Class A rated AAA
-- Series 2010-D Notes, Class B rated A
This transaction represents the fifth term securitization from the Premium Financing Specialists, Inc, sponsor and servicer of the transaction.
Note:
All figures are in U.S. dollars unless otherwise noted.
The applicable methodology is Rating U.S. Insurance Premium Finance Securitizations, which can be found on our website under Methodologies.
This is a Structured Finance rating.
The full report providing additional analytical detail is available by clicking on the link below or by contacting us at info@dbrs.com.
DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.
Ratings
| Issuer | Debt Rated | Rating Action | Rating | Trend | Notes | Published |
|---|---|---|---|---|---|---|
| PFS Financing Corp. | Series 2010-C Notes, Class A | Provis.-Final | AAA (sf) | -- | Mar 11, 2010 | |
| PFS Financing Corp. | Series 2010-C Notes, Class B | Provis.-Final | A (sf) | -- | Mar 11, 2010 | |
| PFS Financing Corp. | Series 2010-D Notes, Class A | Provis.-Final | AAA (sf) | -- | Mar 11, 2010 | |
| PFS Financing Corp. | Series 2010-D Notes, Class B | Provis.-Final | A (sf) | -- | Mar 11, 2010 |