DBRS Discontinues Ratings on AyT Colaterales Global Hipotecario Caixa Manlleu I

DBRS, Inc. (DBRS) has discontinued its ratings on the Series A and Series B notes issued by AyT Colaterales Global Hipotecario Caixa Manlleu I due to repayment of the notes. The Series A and Series B notes previously rated AAA (sf) and ‘A’ (sf), respectively, are now both rated Disc- Repaid. Additionally, DBRS removed the Series A and Series B 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.

This credit rating has been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.

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

Lead Analyst: Lain Gutierrez
Rating Committee Chair: Claire Mezzanotte
Initial Rating Date: February 10, 2012