DBRS Upgrades Rating on the Amended TRS Re: Lincoln Avenue ABS CDO, Ltd., Class A-1 Notes

DBRS, Inc. (“DBRS”) has today upgraded to BB (high) (sf) the rating on the amended total return swap (TRS) notional balance of $30,000,000 referencing the Class A-1 Notes issued by Lincoln Avenue ABS CDO, Ltd. This rating action reflects payment in full of the previous TRS notional balance of $35,000,000 and addresses changes made to the transaction pursuant to the amendment dated March 18, 2013. The DBRS rating addresses the ultimate return of interest and principal of the TRS on or before the legal final maturity of the Class A-1 Notes.

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

These credit ratings have been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.

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