Press Release

DBRS Discontinues the Rating on Class A Certificates of Mount Skylight Repacking Trust

Structured Credit
April 09, 2014

DBRS, Inc. has (“DBRS”) has today discontinued the public rating on the Class A Certificates issued by Mount Skylight Repacking Trust. The rating addressed the timely payment of interest and ultimate payment of principal of the Class A Certificates which were collateralized by a portfolio of U.S. residential mortgage backed securities, collateralized debt obligations and other asset-backed securities.

The above rating action reflects the repayment in full the outstanding balance as of April 8, 2014.

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.

Ratings

Mount Skylight Repackaging Trust
  • Date Issued:Apr 9, 2014
  • 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.