Press Release

DBRS Discontinues the Ratings on Quarzo S.r.l. Series 2008 and Quarzo S.r.l. Series 2009

Consumer Loans & Credit Cards
June 03, 2013

DBRS Ratings Limited (DBRS) has discontinued the following ratings on the notes issued by Quarzo S.r.l. due to repayment of the notes on 24 May 2013:

• Quarzo S.r.l. Series 2008, Class A previously rated AAA (sf), is now Disc.-Repaid
• Quarzo S.r.l. Series 2009, Class A previously rated AAA (sf), is now Disc.-Repaid

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

The sources of information used for this rating include investor reports provided by Mediobanca SpA. 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: Alessio Pignataro
Initial Rating Date: 24 February 2011
Rating Committee Chair: Claire Mezzanotte

Lead Surveillance Analyst: Keith Gorman
Most Recent Rating Date: 16 April 2013
Rating Committee Chair: Chuck Weilamann

Ratings

Quarzo S.r.l. 2008
  • Date Issued:Jun 3, 2013
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:UK
Quarzo S.r.l. 2009
  • Date Issued:Jun 3, 2013
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:UK
  • 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.