DBRS Discontinues the Ratings on AyT Caixanova Hipotecario I, FTA

DBRS Ratings Limited (DBRS) has discontinued the following ratings on the notes issued by Caixanova Hipotecario I, FTA due to repayment of the notes on 22 April 2013:
• Series A previously rated ‘A’ (sf), is now Disc-Repaid
• Series B previously rated BBB (low) (sf), is now Disc-Repaid

Note:
The principal methodology applicable is Master European Structured Finance Surveillance Methodology which can be found on www.dbrs.com under Methodologies.

The source of information used for this rating includes a notification from Ahorro y Titulizacion S.G.F.T, S.A. regarding early liquidation of the fund. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

Ratings assigned by DBRS Ratings Limited are subject to EU regulations only.

Initial Lead Analyst: Lain Gutierrez
Initial Rating Date: 27 September 2011
Rating Committee Chair: Claire Mezzanotte

Lead Surveillance Analyst: Keith Gorman
Most Recent Rating Date: 6 March 2013
Rating Committee Chair: Claire Mezzanotte