Press Release

DBRS Discontinues Ratings of Glacier Credit Card Trust, Series 2005-1

Consumer Loans & Credit Cards
November 19, 2010

DBRS has today discontinued the ratings of the Asset-Backed Senior Notes, Series 2005-1 and Asset-Backed Subordinated Notes, Series 2005-1 (collectively, the Notes) issued by Glacier Credit Card Trust as the Notes were fully repaid on November 19, 2010.

Note:
The applicable methodology is DBRS Criteria for Canadian Credit Card Securitization, 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

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.