First Swiss Mobility 2023-1 AG: Presale Report

DBRS Ratings Limited (DBRS Morningstar) assigned provisional ratings to the Class A Notes, the Class B Notes, and the Class C Notes (together, the Notes) to be issued by First Swiss Mobility 2023-1 AG (the Issuer or FSM 2023-1). The Issuer is a stock corporation (Aktiengesellschaft) incorporated under the laws of the Swiss Confederation, acting as a special-purpose entity specifically for the purpose of this transaction.