DBRS Confirms Liquidity Agreement Supporting Transaction CF III within GIFS Capital Company, LLC

DBRS, Inc. has today confirmed its rating on the following liquidity instrument, pursuant to the Liquidity Agreements (LA) supporting the CF III transaction within GIFS Capital Company, LLC. The rating assumes that the LA has been invoked and, as such, the Liquidity institution is the investor of the notes. The rating addresses the timely distribution of scheduled monthly interest payments and the ultimate distribution of principal in accordance with the transaction documents.

-- GIFS Capital Company, LLC - CF III at A (sf)

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

The applicable methodology is Asset-Backed Commercial Paper Criteria Report: U.S. ABCP Conduits, which can be found on our website under Methodologies.