Press Release

DBRS Discontinues Ratings on 1st Financial Credit Card Master Note Trust III, Series 2013-I

Consumer Loans & Credit Cards
June 03, 2016

DBRS, Inc. (DBRS) has today discontinued the outstanding ratings of AAA (sf), AA (high) (sf), A (high) (sf) and BBB (high) (sf) on the Series 2013-I, Class A, Class B, Class C and Class D, respectively, issued by 1st Financial Credit Card Master Note Trust III due to repayment.

The following public rating was discontinued:
-- 1st Financial Credit Card Master Note Trust III, Series 2013-I

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

The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

The rated entity or its related entities did participate in the rating process. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

Please see attached appendix for additional information regarding sensitivity of assumptions used in the rating process.

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

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.