Fitch Expects to Rate Santander Drive Auto Receivables Trust 2016-1; Presale Issued

NEW YORK–(BUSINESS WIRE)–Fitch Ratings expects to assign the following ratings and Outlooks to the Santander Drive Auto Receivables Trust 2016-1 (SDART 2016-1) notes; –$162,800,000 class A-1 notes ‘F1+sf’; –$342,000,000 class A-2-A and A-2-B notes ‘AAAsf’; Outlook Stable; –$109,120,000 class A-3 notes ‘AAAsf’; Outlook Stable; –$142,450,000 class B notes ‘AAsf’; Outlook Stable; –$153,040,000 class C notes ‘Asf’; Outlook Stable; –$91,240,000 class D notes ‘BBBsf’; Outlook Stable; –$58,86
Source: BusinessWire-Primary

Fitch Expects to Rate Santander Drive Auto Receivables Trust 2016-1; Presale Issued