DBRS Confirms Class I Swaps of Claris IV Limited - Series 29

DBRS, Inc. (“DBRS”) has today confirmed the following ratings on the Class I Swaps issued by Claris IV Limited - Series 29.

• Class I-A Swap, Series 29 at AA (low) (sf)
• Class I-B Swap, Series 29 at BBB (low) (sf)
• Class I-C Swap, Series 29 at BB (low) (sf)

Claris IV Limited - Series 29 is collateralized primarily by a portfolio of U.S. residential mortgage-backed securities (RMBS) and other asset-backed securities (ABS). The DBRS ratings of the Class I-A Swap, Class I-B Swap, and Class I-C Swap address the probability of breaching their respective attachment points as defined in the transaction documents at or prior to their maturity dates.

The principal methodology is Rating US & European Structured Finance CDO Restructurings, which can be found on our website under Methodologies.

Note:
All figures are in U.S. dollars unless otherwise noted.