DBRS Correction: Hana SPV I, LLC Press Release
OtherIn the DBRS, Inc. press release entitled, “DBRS Finalizes Ratings on Hana Financial SPV I, LLC” published on June 24, 2015, the following rating actions were not included:
-- Class A-1 ABL rated BBB (sf), now Discontinued – Repaid
-- Class A-2A ABL rated BBB (sf), now Discontinued – Repaid
-- Class A-2B ABL rated BBB (sf), now Discontinued – Repaid
The above three classes were replaced by and repaid pursuant to newly issued notes as part of a restructuring of the facility. The performance of the facility was within expectations at the time of the restructuring.
Notes:
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.
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