Press Release

DBRS Withdraws Rating on Liquidity Agreement Supporting Transaction WOLT within GIFS Capital Company, LLC

ABCP
March 11, 2016

DBRS, Inc. (DBRS) has discontinued the rating of AA (sf) on the Credit Suisse Liquidity Instrument pursuant to the Liquidity Agreement supporting the WOLT transaction within GIFS Capital Company, LLC. This rating action reflects a rating withdrawal made at the request of the Liquidity Institution, Credit Suisse AG (Credit Suisse), Cayman Islands Branch, as it is no longer investing in the underlying facility. The sources of information used for this rating comprise parties involved in the rating, including but not limited to Credit Suisse.

Notes:
This rating is 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.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.