DBRS Discontinues Ratings of CARDS II Trust, 2004-1 and 2004-3
Consumer Loans & Credit CardsDBRS has today discontinued the ratings of Credit Card Receivables-Backed Notes, Series 2004-1 and 2004-3 (the Notes) issued by CARDS II Trust, as the Notes were fully repaid on October 15, 2009.
Notes:
The applicable methodology is DBRS Criteria for Canadian Credit Card Securitization, which can be found on our website under Methodologies.
This is a Structured Finance rating.