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