DBRS Finalizes Provisional Ratings on OneMain Financial Issuance Trust 2015-2 and Confirms Series 2015-1
Consumer Loans & Credit CardsDBRS, Inc. (DBRS) has today finalized its provisional ratings on the following notes issued by OneMain Financial Issuance Trust 2015-2:
-- Series 2015-2 Notes, Class A rated AA (sf)
-- Series 2015-2 Notes, Class B rated A (sf)
-- Series 2015-2 Notes, Class C rated BBB (sf)
-- Series 2015-2 Notes, Class D rated BB (sf)
Furthermore, DBRS has confirmed its ratings on the notes issued by OneMain Financial Issuance Trust 2015-1. This confirmation is based on the use of OneMain Financial Funding III, LLC, currently the Depositor on the Series 2015-1, as the Depositor on the Series 2015-2, which DBRS believes will not have any impact on the performance of either transaction.
Notes:
The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.
These ratings are endorsed by DBRS Ratings Limited for use in the European Union.
The applicable methodologies are Rating U.S. Structured Finance Transactions and U.S. Credit Card Asset-Backed Securities, which can be found on our website under Methodologies.
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