DBRS Discontinues the Rating on Italfinance RMBS S.r.l., Class A

DBRS Ratings Limited (DBRS) has discontinued the rating on Class A Notes issued by Italfinance RMBS S.r.l. (the “Issuer”), due to repayment of the notes on 28 July 2014. Class A Notes was previously rated ‘AAA’ (sf) and it is now Discontinued - Repaid.

Notes:
All figures are in Euros unless otherwise noted.

The principal methodology applicable is the Master European Structured Finance Surveillance Methodology

This can be found on www.dbrs.com at:
http://www.dbrs.com/about/methodologies

The sources of information used for this rating include reports provided by Deutsche Bank S.p.A.

DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

DBRS does not audit the information it receives in connection with the rating process, and it does not and cannot independently verify that information in every instance.

The last rating action on this transaction took place on 04 April 2013, when DBRS confirmed the rating of Class A Notes at ‘AAA’ (sf).

Information regarding DBRS ratings, including definitions, policies and methodologies are available on www.dbrs.com.

For further information on DBRS historic default rates published by the European Securities and Markets Administration (“ESMA”) in a central repository, see:
http://cerep.esma.europa.eu/cerep-web/statistics/defaults.xhtml.

Ratings assigned by DBRS Ratings Limited are subject to EU regulations only.

Initial Lead Analyst: Alastair Bigley
Initial Rating Date: 12 August 2011
Initial Rating Committee Chair: Claire Mezzanotte

Lead Surveillance Analyst: Dylan Cissou
Rating Committee Chair: Claire Mezzanotte

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