DBRS Discontinues Rating on Potential IRS Termination Payments Re: Oceanview CBO I, Ltd.

DBRS, Inc. (“DBRS”) has today discontinued the public rating on the Interest Rate Swap Termination Payments including all interest due (“Potential Termination Payment”) which may be owed to the interest rate swap counterparty (“Swap Counterparty”) under an Event of Default, where Oceanview CBO I, Ltd. (“Oceanview I”) is the sole defaulting party due to a Failure to Pay or Deliver as defined in section 5(a)(i) of the ISDA Master Agreement (“Agreement”) executed on June 27, 2002 between Oceanview I and the Swap Counterparty.

This action reflects maturity of the interest rate swap.

The principal methodology is Rating Global Structured Finance CDO Restructurings, 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.