Press Release

DBRS Discontinues Ratings on World Financial Network Credit Card Master Note Trust Series 2009-A

Consumer Loans & Credit Cards
June 24, 2013

DBRS, Inc. (DBRS) has discontinued its ratings on the notes issued World Financial Network Credit Card Master Note Trust Series 2009-A due to full repayment of the notes. The following ratings have been discontinued due to repayment:

  • Class A Notes previously rated AAA (sf) now rated Discontinued-Repaid
  • Class M Notes previously rated AA (sf) now rated Discontinued-Repaid
  • Class B Notes previously rated ‘A’ (sf) now rated Discontinued-Repaid
  • Class C Notes previously rated BBB (sf) now rated Discontinued-Repaid

Notes:
The applicable methodology is 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

World Financial Network Credit Card Master Note Trust Series 2009-A
  • Date Issued:Jun 24, 2013
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 24, 2013
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 24, 2013
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 24, 2013
  • Rating Action:Disc.-Repaid
  • 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.