DBRS Withdraws Debt Ratings of Washington Mutual, Inc.

DBRS, Inc. (DBRS) has today withdrawn various ratings of Washington Mutual, Inc. (WaMu or the Company) and its primary subsidiary, Washington Mutual Bank, which are currently rated D. The decision to withdraw the ratings was made at DBRS’s discretion, as the Company ceased to exist in 2008.

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

The principal applicable methodology is the Global Methodology for Rating Banks and Banking Organisations (June 2014). Other applicable methodologies include the DBRS Criteria – Support Assessments for Banks and Banking Organisations (January 2014) and DBRS Criteria: Rating Bank Capital Securities – Subordinated, Hybrid, Preferred & Contingent Capital Securities (February 2015). These can be found at: http://www.dbrs.com/about/methodologies.

The primary sources of information used for this rating include company documents and SNL Financial. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

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

Lead Analyst: David Laterza
Rating Committee Chair: William Schwartz
Initial Rating Date: 22 December 2006
Most Recent Rating Update: 26 September 2008

For additional information on this rating, please refer to the linking document under Related Research.