Fitch Rates Golden Credit Card Trust, Series 2016-2; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings assigns the following ratings to Golden Credit Card Trust, series 2016-2: –$1,051,875,000 CAD class A asset-backed notes ‘AAAsf’; Outlook Stable; –$50,625,000 CAD class B asset-backed notes ‘Asf’; Outlook Stable; –$22,500,000 CAD class C asset-backed notes ‘BBB+sf’; Outlook Stable. KEY RATING DRIVERS High Collateral Quality: The underlying collateral characteristics play a vital role in the performance of a credit card ABS transaction. Fitch closely e
Source: BusinessWire-Primary

Fitch Rates Golden Credit Card Trust, Series 2016-2; Outlook Stable