DBRS Discontinues Rating on DC Funding SPV, L.L.C. Revolving Credit Facility
Structured CreditDBRS, Inc. (“DBRS”) has today discontinued the rating on the Revolving Credit Facility contemplating advances to be made by the lenders thereunder up to a total commitment amount of $200,000,000 pursuant to the Revolving Credit and Security Agreement dated as of October 13, 2010, between DC Funding SPV, L.L.C., as Borrower, and Natixis Financial Products LLC, as Administrative Agent.
This action reflects payment in full of all amounts owed by the Borrower to the Administrative Agent and the Lenders under the Credit Agreement and the other Facility Documents as of October 9, 2012 (the “Payoff Date”).
The principal methodology applicable is “Rating Methodology for CLOs and CDOs of Large Corporate Credit”, which can be found on www.dbrs.com.
The sources of information used for this rating include Natixis Financial Products, Inc. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.
Note:
All figures are in U.S. dollars unless otherwise noted.
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