DBRS Upgrades Rating on Class A Certificates of Mount Skylight Repackaging Trust to AA (low)

DBRS, Inc. (“DBRS”) has today upgraded the rating on the Class A Certificates issued by Mount Skylight Repackaging Trust from A (high) (sf) to AA (low) (sf). This rating action reflects deleveraging of the referenced notes, increased credit enhancement levels, and improved performance of the underlying collateral pool. The rating addresses the ultimate payment of interest and principal on or before the termination of the trust.

The principal methodology is Rating Global Structured Finance CDO Restructurings 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.

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