Auto ABS Spanish Loans 2018-1 F.T.: Rating Report

DBRS Ratings Limited (DBRS) assigned a rating of AAA (sf ) to the Class A Notes (together with the Class B Notes, the Notes) issued by Auto ABS Spanish Loans 2018-1 F.T. (the Issuer). The Notes have been issued in the context of a securitisation transaction following the standard provisions under Spanish securitisation law.