DBRS Assigns Provisional Ratings to Chesapeake Funding LLC, Series 2013-1 and Confirms Series 2012-2

DBRS, Inc. (DBRS) has today assigned provisional ratings to the following classes issued by Chesapeake Funding LLC, Series 2013-1:

• Series 2013-1 Notes, Class A rated AAA (sf)
• Series 2013-1 Notes, Class B rated AA (sf)
• Series 2013-1 Notes, Class C rated ‘A’ (sf)
• Series 2013-1 Notes, Class D rated BBB (sf)

DBRS has today, also confirmed its ratings on the following classes issued by Chesapeake Funding LLC, Series 2012-2:

• Series 2012-2 Notes, Class A confirmed at AAA (sf)
• Series 2012-2 Notes, Class B confirmed at AA (sf)
• Series 2012-2 Notes, Class C confirmed at ‘A’ (sf)
• Series 2012-2 Notes, Class D confirmed at BBB (sf)

Notes:
All figures are in USD unless otherwise noted.

The full report providing additional analytical detail is available by clicking on the link below or by contacting us at info@dbrs.com.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.