DBRS Confirms AA (sf) Rating to the Class A Notes of Metropolis II, Series 2010-16 (Triaxx Prime CDO 2006-1, Ltd.)

DBRS, Inc. (“DBRS”) has today confirmed the rating of AA (sf) to the Class A Notes issued by Metropolis II, LLC Series 2010-16. The rating addresses the timely payment of interest and the ultimate payment of principal on or before the Final Maturity Date in March 2039. Metropolis II, LLC Series 2010-16 is a repackaging of Triaxx Prime CDO 2006-1, Ltd. Class A-1 Notes, which are backed by a pool of U.S. residential mortgage-backed securities. The original rated note balances include $41,244,000 Class A Notes and $26,369,000 of unrated Class B Notes, collateralized by $67,613,000 of Triaxx Prime CDO 2006-1 Class A-1 Notes.

The principal methodology is Rating Global Structured Finance CDO Restructurings, 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.