DBRS Discontinues Ratings on AyT Novacaixagalicia Hipotecario I, FTA

DBRS, Inc. (DBRS) has today discontinued ratings on the AyT Novacaixagalicia Hipotecario I, FTA notes. The securitization fund was liquidated and the Class A and Class B notes were fully repaid on January 31, 2012. The Class A and Class B Notes previously rated AAA (sf) and BB (sf), respectively, are now both rated Discontinued-Repaid due to repayment to the noteholders.

Notes:
The applicable methodology is the Master European Structured Finance Surveillance Methodology, which can be found on our website under Methodologies.

Lead Analyst: Lain Gutierrez
Surveillance Analyst: Mark Zelmanovich
Rating Committee Chair: Claire Mezzanotte
Initial Rating Date: 4 October 2011