Press Release

DBRS Withdraws Ratings on Class I-B Swap and Class I-C Swap of Claris IV Limited - Series 28

Structured Credit
December 26, 2012

DBRS, Inc. (“DBRS”) has today withdrawn ratings on the Class I-B Swap and Class I-C Swap issued by Claris IV Limited - Series 28 (the “Issuer”).

This action reflects liquidation of the transaction and satisfaction of the Issuer’s payment obligation via the Swap Termination Payment and early termination of the Class I Swaps under the Redemption Deed dated December 17, 2012.

The principal methodology is Rating Global Structured Finance CDO Restructurings, which can be found on our website under Methodologies.

Note:
All figures are in U.S. dollars unless otherwise noted.

Ratings

Claris IV Limited - Series 28
  • Date Issued:Dec 26, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Dec 26, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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.