DBRS Discontinues Algonquin Credit Card Trust, Series 2005-1

DBRS has today discontinued the ratings of the Series 2005-1, Class A Notes, Class B Notes and Class C Notes (the Notes) issued by Algonquin Credit Card Trust as the Notes were fully repaid on October 15, 2010.

Note:
The applicable methodology is DBRS Criteria for Canadian Credit Card Securitization, which can be found on our website under Methodologies.

Media Contact
Caroline Creighton
Senior Vice President
Communications
Tel. +1 416 597 7317
ccreighton@dbrs.com

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
19-Oct-10	Series 2005-1, Class A Notes	Discontinued	--	Disc.-Repaid	CA
19-Oct-10	Series 2005-1, Class B Notes	Discontinued	--	Disc.-Repaid	CA
19-Oct-10	Series 2005-1, Class C Notes	Discontinued	--	Disc.-Repaid	CA

More

Algonquin Credit Card Trust

Series 2005-1, Class A Notes

Date Issued:Oct 19, 2010
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

Series 2005-1, Class B Notes

Date Issued:Oct 19, 2010
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

Series 2005-1, Class C Notes

Date Issued:Oct 19, 2010
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.

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