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New Issue: KOROMO S.A., Compartment 3

S&P Global Ratings has assigned its credit ratings to KOROMO S.A., Compartment 3's (KOROMO 3) asset backed class A notes. At closing, KOROMO 3 also issued unrated asset-backed class B notes. This is Toyota Kreditbank GmbH's third German publicly rated asset-backed securities (ABS) transaction and the third that we rate.