DBRS Discontinues Rating on Cordusio RMBS Securitisation S.r.l. Cordusio 6

DBRS Ratings Limited (DBRS) has discontinued its rating on the Class A notes issued by Cordusio RMBS Securitisation S.r.l. Cordusio 6 due to repayment of the notes. The Class A notes previously rated AAA (sf) are now rated Disc- Repaid. Additionally, DBRS removed Class A from Under Review with Negative Implications (see “DBRS Ratings Limited Puts 47 Classes from 39 European RMBS Structured Finance Transactions Under Review with Negative Implications”, published on May 25, 2012).

Notes:
The applicable methodology is the Master European Structured Finance Surveillance Methodology, which can be found on our website under Methodologies.

Lead Analyst: Konstantine Pastras
Rating Committee Chair: Claire Mezzanotte
Initial Rating Date: 5th March 2012