Fitch Ratings expects to assign the following ratings to Canadian SWIFT Master Auto Receivables Trust (CSMART) 2010-1:
--C$1,700,000,000 Notes 'AAA'; Outlook Stable.
The above ratings reflect the application of Fitch's criteria 'Global Rating Criteria for Dealer Floorplan ABS' dated Dec. 31, 2009; and 'Global Structured Finance Rating Criteria' dated Sept. 30, 2009.
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Additional information is available at 'www.fitchratings.com'.
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David
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sandro.scenga@fitchratings.com