Press Release

DBRS Discontinues Ratings on DSC Floorplan Receivables Funding LLC Securitization Due to the Repayment of the Noteholders

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July 05, 2011

DBRS discontinued ratings on the DSC Floorplan Receivables Funding LLC securities. Noteholders of the following classes have been fully repaid:

-- Class A-1 previously rated ‘A’ (sf) are now rated Disc- Repaid
-- Class A-2 previously rated ‘A’ (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.

Ratings

DSC Floorplan Receivables Funding LLC
  • Date Issued:Jul 5, 2011
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 5, 2011
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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.