Press Release

DBRS Discontinues - Withdraws Ratings on WestLB Facilities

Other
April 26, 2013

DBRS, Inc. (DBRS) has today discontinued-withdrawn the ratings on the following three West LB asset-backed transactions:

• FCC Financing Subsidiary IV, LLC previously rated ‘A’ (sf) now rated Discontinued—Withdrawn
• FCC Financing Subsidiary V, LLC previously rated BBB (high) (sf) now rated Discontinued—Withdrawn
• Hana Financial SPV I, LLC previously rated BBB (sf) now rated Discontinued—Withdrawn

The collateral supporting each of the transactions is performing within DBRS expectations for its respective rating level.

Notes:
The applicable methodology is the 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.

Ratings

FCC Financing Subsidiary IV, LLC
  • Date Issued:Apr 26, 2013
  • Rating Action:Disc.-W/drwn
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
FCC Financing Subsidiary V, LLC
  • Date Issued:Apr 26, 2013
  • Rating Action:Disc.-W/drwn
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
Hana Financial SPV I, LLC
  • Date Issued:Apr 26, 2013
  • Rating Action:Disc.-W/drwn
  • 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.