DBRS Assigns Ratings to 1st Financial Credit Card Master Note Trust III, Series 2015-I

DBRS, Inc. (DBRS) has today assigned new ratings to the following classes of notes issued by 1st Financial Credit Card Master Note Trust III, Series 2015-I:

-- Series 2015-I Notes, Class A rated AAA (sf)
-- Series 2015-I Notes, Class B rated AA (high) (sf)
-- Series 2015-I Notes, Class C rated A (high) (sf)
-- Series 2015-I Notes, Class D rated BBB (high) (sf)

DBRS has also confirmed the following ratings of the outstanding notes issued by the 1st Financial Credit Card Master Note Trust III:

1st Financial Credit Card Master Note Trust III, Series 2013-I:

-- Class A confirmed at AAA (sf)
-- Class B confirmed at AA (high) (sf)
-- Class C confirmed at A (high) (sf)
-- Class D confirmed at BBB (high) (sf)

1st Financial Credit Card Master Note Trust III, Series 2013-II:

-- Series 2013-II Notes, Class A confirmed at AAA (sf).
-- Series 2013-II Notes, Class B confirmed at AA (high) (sf).
-- Series 2013-II Notes, Class C confirmed at A (high) (sf).
-- Series 2013-II Notes, Class D confirmed at BBB (high) (sf).

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

The applicable methodology is U.S. Credit Card Asset-Backed Securities, which can be found on our website under Methodologies.

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

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.