DBRS Assigns Ratings to Series RR 2014-1 Trust

DBRS has today assigned ratings to the following classes of Series RR 2014-1 Trust, Pass-Through Certificates, Series RR 2014-1. The trends are Stable.

-- Class A at A (low) (sf)
-- Class B at BBB (sf)
-- Class AB at BBB (sf)
-- Class C at BBB (low) (sf)
-- Class AC at BBB (low) (sf)
-- Class D at BB (sf)
-- Class E at B (sf)

This transaction is a resecuritization, collateralized by the beneficial interest in one CMBS pass-through certificate from one deal issued in 2014. The ratings are dependent on the performance of the underlying transaction.

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

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The applicable methodology is CMBS Rating Methodology, which can be round on our website under Methodologies.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.