DBRS Discontinues Rating on Credit and Repackaged Securities Limited Series 2007-19 Trust
Structured CreditDBRS, Inc. (“DBRS”) has today discontinued the rating on the Leveraged Multi-Swap Notes issued by Credit and Repackaged Securities Limited 2007-19 Trust (CARS 2007-19). The rating addressed the timely payment of interest and ultimate payment of principal on or before the Maturity Date of June 20, 2013.
This rating action reflects maturity of the transaction and payment in full of the Leveraged Multi-Swap Notes.
The principal methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.
This credit rating has been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.
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