Press Release

DBRS Discontinues Ratings of CARDS II Trust Series 2005-1

Consumer Loans & Credit Cards
March 31, 2010

DBRS has today discontinued the ratings of the Credit Card Receivables Backed Floating Rate Notes, Series 2005-1 (the Notes) issued by CARDS II Trust as the Notes were fully repaid as of March 22, 2010.

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.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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Methodology Used:

Issuers

Contacts

  • Matthew Mitchell
    Senior Financial Analyst - Canadian Structured Finance
    +1 416 597 7587

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