Press Release

DBRS Confirms SCUTE Bali B.V. Class A Senior Deferrable Interest Floating Rate Notes at A (low) (sf)

Structured Credit
February 21, 2012

DBRS Ratings Limited. (“DBRS”) has today confirmed the rating of the Class A Senior Deferrable Interest Floating Rate Notes for SCUTE BALI B.V. at A (low) (sf).

The rating action reflects the 7 February 2012 release of an updated methodology (Rating Methodology for CLOs and CDOs of Large Corporate Credit) to rate and monitor collateralized loan obligations and collateralized debt obligations backed by non-granular portfolios of large corporate credits. The rating has also been removed from Under Review with Developing Implications.

The principal methodology applicable is “Rating Methodology for CLOs and CDOs of Large Corporate Credit”, which can be found on www.dbrs.com.

The sources of information used for this rating include NIBC Bank N.V. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

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

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

Lead Analyst: Simon Ross
Rating Committee Chair: Jerry van Koolbergen
Initial Rating Date: 4 February 2011
Most Recent Rating Update: 8 February 2012

Notes:
All figures are in EUR unless otherwise noted.

Ratings

  • 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

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