Press Release

DBRS Assigns Rating to Versailles Assets LLC – RS Funding, Inc.

ABCP
August 30, 2012

DBRS, Inc. (“DBRS”) has assigned a rating of AA (high) as of August 27, 2012, to the individual Liquidity Loan Agreement (“LLA”) related to the RS Funding, Inc. transaction within Versailles Assets LLC (“Versailles”). RS Funding, Inc. is one of the transactions in Versailles, a commercial paper conduit sponsored and administered by Natixis Financial Products Inc.

The principal methodology is U.S. Trade Receivables, 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.

Ratings

Versailles Assets LLC RS Funding, Inc.
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.