DBRS Confirms AA Rating on Broadpoint I, B.V.

DBRS has today confirmed its rating of AA to the $350 Million Facility (the Facility) issued by Broadpoint I, B.V. (Broadpoint) that is collateralized by a portfolio of U.S. high-yield corporate loans. The DBRS rating addresses the ability of Broadpoint to make timely payments of interest and the final payment of principal on the Facility’s legal maturity date.

The confirmation of the AA rating reflects the observed performance of both the collateral pool and the structural mechanics since the transaction was initially assigned a DBRS credit rating on July 1, 2008.

The applicable public methodology is Rating Global High-Yield Loan Securitizations, Structured Loans and Tranched Credit Derivatives, which can be found on our website under Methodologies.

Note:
All figures are in U.S. dollars unless otherwise noted.

This is a Structured Finance rating.