DBRS Upgrades $325 Million Facility Issued by Quinten Road Funding LLC to AA (low) (sf)
Structured CreditDBRS, Inc. (“DBRS”) has today upgraded the rating on the $325,000,000 Senior Warehouse Facility (“the Facility”) issued by Quinten Road Funding LLC (“the Issuer”) to AA (low) (sf) from A (high) (sf). The rating addresses the full and ultimate payment of principal and timely payment of interest on or before the Facility’s legal maturity date of December 21st, 2017.
The principal methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.
Lead Surveillance Analyst: Ryan O’Shea
Lead Analyst: Glen Leppert
Rating Committee Chair: Jerry van Koolbergen
Initial Rating Date: July 9, 2008
Note:
All figures are in U.S. dollars unless otherwise noted.
Ratings
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