DBRS Confirms Credit and Repackaged Securities Limited Series 2007-19 Trust (CARS 2007-19) at AAA

DBRS, Inc. (“DBRS”) has today confirmed the Credit and Repackaged Securities Limited Series 2007-19 Trust (“CARS 2007-19”) US$200,000,000 Leveraged Multi-Swap Notes due June 20, 2013, at AAA (sf). The DBRS rating addresses the timely payment of interest Libor + 0.20% and ultimate payment of principal.

CARS 2007-19 is a leveraged, static synthetic collateralized debt obligation (“CDO”) that references the CDX.IG5 and CDX.IG6 indices, and their associated reference entities. The confirmation of the rating reflects the ongoing performance of the transaction.

The principal methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on www.dbrs.com.

The sources of information used for this rating include Goldman Sachs & Co. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

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