DBRS Confirms Ratings on Notes Issued by Ambrose 2013-2 and Removes Under Review with Developing Implications

DBRS, Inc. (“DBRS”) has today removed Under Review with Developing Implications and confirmed the ratings on Class A1 Notes, Class A2 Notes, and Class B Notes (together the “Notes”) issued by Ambrose 2013-2 pursuant to the Indenture dated as of February 6th, 2013.

The Notes Issued by Ambrose 2013-2 are collateralized primarily by a portfolio of investment grade corporate bonds and structured finance securities. AIG Asset Management (U.S.), LLC acts as the collateral manager for Ambrose 2013-2.

The ratings of the notes address the timely payment of interest and the ultimate payment of principal on or before the Stated Maturity. The ratings of the Class A1 Notes and Class B Notes do not address any other amounts which may be paid to the noteholders, including, but not limited to, their respective Additional Amounts.

The principal methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.

These credit ratings have 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.