DBRS Releases Report on Panorama Alpha B.V.

DBRS has today released a rating report on Panorma Alpha B.V.

Today’s report is available at www.dbrs.com.

Notes:
All figures are in Euros unless otherwise noted.

The principal methodology applicable is European CMBS Methodology, European Structured Finance Legal Criteria and Unified Interest Rate Model which can be found on www.dbrs.com

For additional information on DBRS European CMBS Methodologies, please see European Disclosure Requirements, located at http://www.dbrs.com/research/237777.

The sources of information used for this rating include the parties involved in the rating including but not limited to NIBC Bank, N.V. as Collateral Manager and Servicer. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.