Press Release

DBRS Discontinues Ratings on Capital One Mainstreet Master Note Trust, Series 2008-2 Securitization Due to the Repayment of the Noteholders

Consumer Loans & Credit Cards
August 11, 2010

DBRS today discontinued ratings on the Capital One Mainstreet Master Note Trust, Series 2008-2 (Mainstreet 2008-2) securities. Noteholders of the following classes have been fully repaid:

--Class B Asset Backed Notes previously rated ‘A’ are now rated Disc- Repaid

--Class C Asset Backed Notes previously rated BBB are now rated Disc- Repaid

--Class D-1 Asset Backed Notes previously rated BB 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