DBRS Finalizes Provisional Ratings on Navitas Equipment Receivables LLC 2015-1, Receivables-Backed Notes

DBRS, Inc. (DBRS) has today finalized its provisional ratings on the following Series 2015-1 Notes issued by Navitas Equipment Receivables LLC 2015-1 LLC:

-- Class A-1 Notes rated R-1 (high) (sf)
-- Class A-2 Notes rated AA (sf)
-- Class B Notes rated A (sf)
-- Class C Notes rated BBB (sf)
-- Class D Notes rated BB (sf)

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

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 ratings are endorsed by DBRS Ratings Limited for use in the European Union.

The applicable methodology is Rating U.S. Equipment Lease and Loan Securitizations (December 2014), which can be found on our website under Methodologies.