DBRS Discontinues Rating on Cordusio RMBS Securitisation S.r.l. – Cordusio 5

DBRS Ratings Limited (DBRS) has discontinued its rating on the Cordusio RMBS Securitisation S.r.l.—Cordusio 5 notes. The Class A Notes previously rated AAA (sf) are now rated Discontinued-Repaid due to repayment of 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: Alessio Pignataro
Surveillance Analyst(s) – Mark Zelmanovich, Lain Gutierrez
Rating Committee Chair: Claire Mezzanotte
Initial Rating Date: 21 December 2011