DBRS Discontinues Rating on Hipototta No. 11

DBRS Ratings Limited (DBRS) has discontinued its ratings on the Series A notes issued by Hipototta No. 11 due to repayment of the notes. The Series A notes previously rated AA (high) (sf) are now rated Disc- Repaid. Additionally, DBRS removed the Series A notes 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: Kali Sirigudi
Rating Committee Chair: Claire Mezzanotte
Initial Rating Date: 04 May 2011