DBRS Assigns Rating to the Liquidity Asset Supporting GIFS Capital Company, LLC

DBRS, Inc. (DBRS) has today assigned the following rating to the Liquidity Agreement (Liquidity Agreement – OFA) dated as of December 23, 2014, provided by GIFS Capital Company, LLC to a single seller ABCP conduit. The rating addresses the timely payment of interest and principal in accordance with transaction documents.

-- Liquidity Agreement – OFA at AA (sf)

Notes:
The applicable methodologies are Asset-Backed Commercial Paper Criteria Report: U.S. & European ABCP Conduits and Rating, which can be found on our website under Methodologies, as well as the private Rating Methodology for Liquidity and Program Wide Enhancement Ratings.

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

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