DBRS Assigns Final Rating to Equipment Contract Backed Notes, Series 2013-1, Class A issued by Nations Equipment Finance Funding I, LLC

DBRS, Inc. (DBRS) has assigned a final rating of ‘A’ (low) (sf) to Equipment Contract Backed Notes, Series 2013-1, Class A (Class A Notes) issued on this date by Nations Equipment Finance Funding I, LLC. The Class A Notes are issued in an amount of $128,304,000. The assets securing the Class A Notes consist of a segregated pool of commercial equipment loan and lease contracts relating to a range of construction, transportation, mining, oil & gas drilling and other equipment, together with moneys received relating thereto and any additional related security, as well as certain transaction accounts.

The Class A Notes represent the most senior class of the notes issued by Nations Equipment Finance Funding I, LLC and have a stated maturity date in November 2016. U.S. Bank National Association serves as the Trustee, the Custodian and the Back-up Servicer.

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

The applicable methodology is Rating U.S. Equipment Lease and Loan Securitizations, which can be found on our website under Methodologies.

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.

These ratings are endorsed by DBRS Ratings Limited for use in the European Union.