Press Release

DBRS Discontinues Ratings on 1st Financial Credit Card Master Note Trust II, Series 2009-B Securitization Due to the Repayment of the Noteholders

Consumer Loans & Credit Cards
August 04, 2010

DBRS today discontinued ratings on the 1st Financial Credit Card Master Note Trust II, Series 2009-B securities. Noteholders of the following classes have been fully repaid:

1st Financial Credit Card Master Note Trust II, Series 2009-B:
--Class A Asset Backed Notes previously rated AAA are now rated Disc-Repaid

--Class B Asset Backed Notes previously rated AA (high) are now rated Disc- Repaid

--Class C Asset Backed Notes previously rated A (high) are now rated Disc- Repaid

--Class D Asset Backed Notes previously rated BBB (high) are now rated Disc- Repaid

Notes:
This is a Structured Finance rating.

The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

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