Press Release

DBRS Finalizes Provisional Ratings of Ascentium Equipment Receivables 2015-1 LLC, Equipment Backed Notes

Equipment
March 05, 2015

DBRS, Inc. (DBRS) has today finalized its provisional ratings of the following classes of notes issued by Ascentium Equipment Receivables 2015-1 LLC. The notes are secured by a portfolio of diversified small-ticket equipment loans and leases, related assets and proceeds thereof.

-- $74,000,000 Class A-1 Notes, rated R-1 (high) (sf)
-- $105,000,000 Class A-2 Notes, rated AAA (sf)
-- $77,858,000 Class A-3 Notes, rated AAA (sf)
-- $39,970,000 Class B Notes, rated AAA (sf)
-- $14,120,000 Class C Notes, rated A (high) (sf)
-- $11,567,000 Class D Notes, rated BBB (high) (sf)
-- $7,485,000 Class E Notes, rated BB (high) (sf)

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

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

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link below or by contacting us at info@dbrs.com.

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

Ratings

Ascentium Equipment Receivables 2015-1 LLC
  • 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

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.