Press Release

DBRS Discontinues the Ratings on IM Grupo Banco Popular Leasing 2, FTA

Consumer/Commercial Leases
October 16, 2013

DBRS Ratings Limited (DBRS) has discontinued the following ratings on the notes issued by IM Grupo Banco Popular Leasing 2, due to repayment of the notes on 15 October 2013:

• Series A Notes previously rated AAA (sf) is now Disc.-Repaid
• Series B Notes previously rated ‘A’ (sf) is now Disc.-Repaid

Notes:
All figures are in Euros unless otherwise noted.
The principal methodology applicable is:
Master European Structured Finance Surveillance Methodology

This can be found on www.dbrs.com at:
http://www.dbrs.com/about/methodologies

The sources of information used for this rating include investor reports provided by InterMoney Titulización, SGFT, S.A.

DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

DBRS does not audit the information it receives in connection with the rating process, and it does not and cannot independently verify that information in every instance.

The last rating action on this transaction took place on 10 December 2012, when DBRS confirmed the rating of Series A and Series B Notes at AAA (sf) and ‘A’ (sf), respectively.

Information regarding DBRS ratings, including definitions, policies and methodologies are available on www.dbrs.com.

Ratings assigned by DBRS Ratings Limited are subject to EU regulations only.

Initial Lead Analyst: Lain Gutierrez
Initial Rating Date: 21 July 2011
Initial Rating Committee Chair: Claire Mezzanotte
Last Rating Date: 10 December 2012
Lead Surveillance Analyst: Elisa Scalco
Rating Committee Chair: Chuck Weilamann

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United Kingdom

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Ratings

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  • CA = Lead Analyst based in Canada
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  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
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  • 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.