DBRS Confirms Ratings on Ascentium Funding I, LLC Transaction
EquipmentDBRS Inc. (DBRS) has reviewed the Ascentium Funding I, LLC equipment lease receivables asset-backed securities transaction and confirmed its rating.
The collateral supporting the transaction is performing within DBRS expectations and available credit enhancement is sufficient to cover DBRS expected losses.
Notes:
The applicable methodology is 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.
Lead Analyst: Jayce Fox
Rating Committee Chair: Erin Stafford
Initial Rating Date: December 1 2011
Ratings
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