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Article: DUFF & PHELPS RATES JOHN DEERE OWNER TRUST 1995-A $234,000,000 CLASS A-1 FLOATING RATE ASSET-BACKED NOTES
- Article from:
- PR Newswire
- Article date:
- April 21, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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$486,339,680 Class A-2 Floating Rate Asset-Backed Notes
$30,014,153 Floating Rate Asset-Backed Certificates
CHICAGO, April 21 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has assigned preliminary ratings of "D-1+" (One-Plus) to the Class A-1 notes, "AAA" (Triple-A) to the Class A-2 notes and "A" (Single-A) to the certificates issued by the John Deere Owner Trust 1995-A. The pool of receivables supporting the notes and certificates is comprised of agricultural equipment loans (approximately 95 percent), as well as industrial equipment loans (approximately 5 percent) originated by Deere & Company and its wholly owned subsidiaries.
The ...