DBRS Discontinues Ratings of Glacier Credit Card Trust, Series 2004-1

DBRS has today discontinued the ratings of the Asset-Backed Senior Notes, Series 2004-1 and Asset-Backed Subordinated Notes, Series 2004-1 (collectively, the Notes) issued by Glacier Credit Card Trust as the Notes were fully repaid on November 20, 2009.

Note:
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.

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
20-Nov-09	Asset-Backed Senior Notes, Series 2004-1	Discontinued	--	Disc.-Repaid	CA
20-Nov-09	Asset-Backed Subordinated Notes, Series 2004-1	Discontinued	--	Disc.-Repaid	CA

More

Glacier Credit Card Trust

Asset-Backed Senior Notes, Series 2004-1

Date Issued:Nov 20, 2009
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

Asset-Backed Subordinated Notes, Series 2004-1

Date Issued:Nov 20, 2009
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.

Download This Press Release