DBRS Confirms Merrill Lynch Derivative Products AG at AAA, Stable Trend

DBRS has today confirmed the rating of Merrill Lynch Derivative Products AG (MLDP) at AAA with a Stable trend. The rating is based on the collateral, liquidity and capital requirements, organizational structure and framework for operations of MLDP as set out in the Fifth Amended and Restated Intermediation and Security Agreement dated November 1, 2005, among MLDP, MLDP Holdings Inc., Merrill Lynch Capital Services, Inc. and Merrill Lynch International Bank.

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The applicable methodology is Rating Canadian Structured Credit Transactions, which can be found on our website under Methodologies.