DBRS Confirms Currus XX Limited

DBRS has today taken the following actions on the Classes issued by Currus XX Limited. Currus XX Limited is collateralized primarily by a portfolio of Italian residential mortgage-backed securities (RMBS). The DBRS ratings address Currus XX Limited’s ability to make timely payments of interest and full payment of principal on or before legal maturity.

The confirmation reflects the observed performance of both the collateral pool and the structural mechanics since the transaction was initially assigned a DBRS credit rating on December 19, 2007.

-Senior Loan at AA (low)
-Subordinated Loan at “A”

The applicable public methodologies are The CDO Toolbox Methodology and Rating U.S. ABS CDO Restructurings Methodology which can be found on our website under Methodologies.

This is a Structured Finance rating.