MW Asset Rentals (RF) Ltd (Monitoring Dashboard)

Image placeholder
MW Asset Rentals (RF) Ltd (Monitoring Dashboard)
  • MW Asset Rentals (RF) Ltd (Monitoring Dashboard)
  • Year : Aug 2020
Access Now
Summary

Fully Performing Leases (+ leases up to 30 days in arrears) as a percentage of book exposure was the lowest since October 2016 at 90.4% in June 2020, in line with current economic environment. However, the Fully Performing Leases (+ leases up to 30 days in arrears) / Rated Notes, remains in line with pre-COVID 19 months albeit exhibiting a decreasing trend.

Additional Information

The Dashboard covers the period from June 2019 to June 2020 and is part of GCR’s performance monitoring process and does not constitute rating action or rating reports. GCR will update the Dashboards at least on a quarterly basis.

The Dashboard exhibits performance metrics related to the MW Asset Rental (RF) Ltd transaction, which include credit enhancement levels, excess spread, defaults, recoveries and covenants. Click here for rating reports.

Related Publications

MW Asset Rentals (RF) Ltd (Monitoring Dashboard)

The Dashboard covers the period from February 2019 to February 2020 and is part of GCR’s performance monitoring process and does not constitu...

GEI8_C8_T8 (2016-12)

A Credit Rating report is a research report providing detailed analysis utilised by GCR in the accordance of a Credit Rating.

SECURITISATION 101

Securitisation is seen as an alternative to on-balance sheet funding and a form of disintermediation, allowing corporates and other institutions to...

Available Purchase Options: