Fitch Rates Capital One Multi-asset Execution Trust Class A (2016-6) & Class A (2016-7)

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned the following ratings to Capital One Multi-asset Execution Trust class A (2016-6) and class A (2016-7): –$800,000,000 class A (2016-6) ‘AAAsf’; Outlook Stable; –$475,000,000 class A (2016-7) ‘AAAsf’; Outlook Stable. KEY RATING DRIVERS Fitch’s rating of the transaction is based on the underlying receivables pool, available credit enhancement (CE), Capital One Bank’s underwriting and servicing capabilities, and the transaction’s legal and ca