DBRS Confirms R-1 (high) (sf) Rating of Alpine Securitization Corp.

DBRS, Inc. (DBRS) has confirmed the rating of R-1 (high) (sf) for the Commercial Paper issued by Alpine Securitization Corp., an asset-backed commercial paper (“ABCP”) vehicle administered by Credit Suisse, New York branch.

The confirmation of the above rating is based on:

• The Amended and Restated Loan Agreement dated December 8, 2011;
• The Fourth Amended and Restated Administrative Agreement dated December 8, 2011;
• The Amendment No. 1 to Amended and Restated Global Asset Purchase Agreement dated December 8, 2011; and
• The Amended and Restated Swingline Agreement dated December 8, 2011.

The principal methodology is the Asset-Backed Commercial Paper Criteria Report: U.S. & European ABCP Conduits, which can be found on our website under Methodologies.

The sources of information used for this rating include parties involved in the rating, including but not limited to Credit Suisse, New York branch. DBRS considers the information available to it for the purposes of providing this rating to be satisfactory.

This credit rating has been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.

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