Press Release

DBRS Discontinues Ratings on DSC Floorplan Master Owner Trust Series 2011-VFN1

Auto
March 23, 2012

DBRS, Inc. (DBRS) has discontinued its ratings on the DSC Floorplan Master Owner Trust Series 2011-VFN1. The follow ratings have been discontinued due to repayment of the noteholders:

-- Class A notes previously rated ‘A’ (sf) are now rated Disc- Repaid
-- Class B notes previously rated BB (sf) are now rated Disc- Repaid

Notes:
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

Ratings

DSC Floorplan Master Owner Trust Series 2011-VFN1
  • Date Issued:Mar 23, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Mar 23, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.