Press Release

DBRS Assigns Ratings to the Liquidity Agreement Supporting Transaction A/R 2014-2 Within Mountcliff Funding LLC

ABCP
July 08, 2014

DBRS has today assigned a rating of AA (low) (sf) to the Liquidity Agreement (LA), dated as of June 19, 2014, provided by Credit Suisse AG, Cayman Island Branch, supporting transaction A/R 2014-2 within Mountcliff Funding LLC. The rating addresses the timely payment of interest and principal.

Notes:
This rating is endorsed by DBRS Rating Limited for use in the European Union.

The principal methodologies are Asset-Backed Commercial Paper Criteria Report: U.S. & European ABCP Conduits and U.S. Trade Receivables, both of which can be found on the DBRS website.

Ratings

  • 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