DBRS Confirms Ratings to the Loans Issued by A5 Funding L.P.

DBRS, Inc. (“DBRS”) has today confirmed the ratings of AA (low) (sf) to the Class A-T Loans and Class A-R Loans issued by A5 Funding L.P. (the “Issuer”). A5 Funding L.P. is collateralized primarily by a portfolio of U.S. middle market corporate loans and other corporate obligations. The ratings address the Issuer’s ability to make timely payments of interest and ultimate payment of principal on or before the Final Maturity Date of May 31, 2018, under the Credit Facility.

The rating actions reflect changes made to the cash flow diversion mechanics of the transaction pursuant to an amendment executed on March 9, 2012.

The principal methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.

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

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