DBRS Confirms Ratings of U.S. ABS Transactions

DBRS, Inc. (DBRS) has conducted a review of two publicly rated U.S. structured finance asset-backed securities (ABS) transactions that are currently outstanding. All three of the publicly rated securities reviewed were confirmed.

For the ratings that were confirmed, performance trends are such that credit enhancement levels are sufficient to cover DBRS’s expected losses at their current respective rating levels. Please see the attached appendix for additional information regarding the assumptions used in the rating process.

The following public transactions were reviewed:

-- Global SC Funding One Limited
-- Goal Structured Solutions Trust 2015-1

Notes:
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, 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.