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

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

1st Financial Credit Card Master Note Trust II, Series 2009-C:
-- Class A-1 Asset Backed Notes previously rated AAA (sf) are now rated Disc- Repaid
-- Class A-2 Asset Backed Notes previously rated AAA (sf) are now rated Disc- Repaid
-- Class B Asset Backed Notes previously rated AA (high) (sf) are now rated Disc- Repaid
-- Class C Asset Backed Notes previously rated A (high) (sf) are now rated Disc- Repaid
-- Class D Asset Backed Notes previously rated BBB (high) (sf) are now rated Disc- Repaid
-- Senior Cash Collateral Account previously rated BB (high) (sf) are now rated Disc- Repaid
-- Intermediate Cash Collateral Account previously rated BB (sf) are now rated Disc- Repaid

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