Presale Rpt On AmeriCredit Auto Receivables Trust 2001-1
NEW YORK--March 28, 2001--Fitch has issued a presale report on AmeriCredit Automobile Receivables Trust 2001-1 discussing the rating analysis behind Fitch's expected 'AAA' ratings on the class A notes, 'AA-' ratings on the class B notes, 'A' ratings on the class C notes, 'BBB' ratings on the class D notes, and 'BB' ratings on the class E notes.The 2001-1 transaction follows a fully wrapped securitization earlier in the year and is AmeriCredit's second senior/subordinate transaction to date. The securities are backed by a pool of `nonprime' retail installment sales contracts secured by new and used automobiles and light duty trucks.
A copy of the presale report is available on Fitch's web site at 'www.fitchratings.com' or by contacting Market Services at 1-800-853-4824.