DBRS Places Class A Notes of Mesena CLO 2011-1 B.V. Under Review with Developing Implications

DBRS Ratings Limited (“DBRS”) has today placed the Class A Notes of Mesena CLO 2011-1 B.V. Under Review with Developing Implications.

The rating action reflects the February 7, 2012, release of an updated methodology to rate and monitor collateralised loan obligations (“CLOs”) and collateralised debt obligations (“CDOs”) backed by non-granular portfolios of large corporate credits.

DBRS will undertake a review to determine the impact of the updated methodology on a transaction-by-transaction basis and will publish updated rating actions that may either result in an upgrade, confirmation or downgrade.

The principal methodology is that will be used is “Rating Methodology for CLOs and CDOs of Large Corporate Credit”, which can be found on the DBRS website under Methodologies.

Ratings assigned by DBRS Ratings Limited are subject to EU regulations only.