Press Release

DBRS Assigns Ratings to LEAF Capital Funding SPE A, LLC Series 2014-A

Equipment
January 02, 2015

DBRS, Inc. (DBRS) has today assigned ratings to the following notes issued by LEAF Capital Funding SPE A, LLC Series 2014-A (the Issuer):

-- The Class A Notes issued in an amount of up to $164,000,000 at AAA (sf)
-- The Class B Notes issued in an amount of up to $9,200,000 at AA (sf)
-- The Class C Notes issued in an amount of up to $9,600,000 at A (sf)
-- The Class D Notes issued in an amount of up to $7,100,000 at BBB (sf)
-- The Class E Notes issued in an amount of up to $1,900,000 at BBB (low) (sf)

Furthermore, DBRS has discontinued the following notes issued by LEAF Capital Funding SPE A, LLC, Equipment Contract Backed Notes, Series 2012-A due to full repayment:

-- Series 2012-A, Class A notes rated AAA (sf)
-- Series 2012-A, Class B notes rated AA (sf)
-- Series 2012-A, Class C notes rated A (sf)
-- Series 2012-A, Class D notes rated BBB (sf)
-- Series 2012-A, Class E-1 notes rated BB (sf)
-- Series 2012-A, Class E-2 notes rated B (low) (sf)

The assets securing the LEAF Capital Funding SPE A, LLC notes consist of a revolving pool of diversified equipment loans and leases. The committed revolving period of the facility expires in December 2017. Guggenheim Securities, LLC serves as Lender and Administrative Agent.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating U.S. Equipment Lease and Loan Securitizations, which can be found on our website under Methodologies.

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

Ratings

LEAF Capital Funding SPE A, LLC Series 2014-A
  • Date Issued:Jan 2, 2015
  • Rating Action:New Rating
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 2, 2015
  • Rating Action:New Rating
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 2, 2015
  • Rating Action:New Rating
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 2, 2015
  • Rating Action:New Rating
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 2, 2015
  • Rating Action:New Rating
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
LEAF Capital Funding SPE A, LLC, Equipment Contract Backed Notes, Series 2012-A
  • Date Issued:Jan 2, 2015
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 2, 2015
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 2, 2015
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 2, 2015
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 2, 2015
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 2, 2015
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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

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