DBRS Discontinues - Withdraws Ratings on WestLB Facilities

DBRS, Inc. (DBRS) has today discontinued-withdrawn the ratings on the following six West LB asset-backed transactions:

• Axis Capital Funding, LLC previously rated BBB (sf) now rated Discontinued—Withdrawn
• Horizon Credit I LLC previously rated BB (sf) now rated Discontinued—Withdrawn
• LEAF Fund I, LLC previously rated ‘A’ (sf) now rated Discontinued—Withdrawn
• LEAF Fund II, LLC previously rated ‘A’ (sf) now rated Discontinued—Withdrawn
• PBFI Funding, LLC previously rated C (sf) now rated Discontinued—Withdrawn
• Peachtree Lottery Master Trust previously rated ‘A’ (high) (sf) now rated Discontinued—Withdrawn

The collateral supporting each of the transactions is performing within DBRS expectations for its respective rating level.

Notes:
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.