DBRS Upgrades Rating on Potential Interest Rate Swap Payment Re: Altius III Funding, Ltd.

DBRS, Inc. (DBRS) has today upgraded to A (sf) from BBB (high) (sf) the rating on the potential Interest Rate Swap Termination Payments including all interest due (Potential Termination Payment) which may be owed to the interest rate swap counterparty (Swap Counterparty) under an Event of Default, where Altius III Funding Ltd. (Altius III) is the sole defaulting party due to a Failure to Pay or Deliver as defined in section 5(a)(i) of the ISDA Master Agreement executed on September 28, 2006, between Altius III and the Swap Counterparty.

Notes:
The applicable methodology is Rating Global Structured Finance CDO Restructurings, which can be found on our website under Methodologies.

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

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