Press Release

DBRS Discontinues Ratings on U.S. ABS Transaction

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September 15, 2016

DBRS, Inc. (DBRS) has today discontinued the outstanding ratings of AAA (sf), AA (sf), A(sf) and BBB (sf) on the Series 2012-2, Class A, Series 2012-2, Class B, Series 2012-2, Class C and Series 2012-2, Class D Notes issued by Chesapeake Funding LLC, Series 2012-2 because of repayment.

The following public transaction was discontinued:
-- Chesapeake Funding LLC, Series 2012-2

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

The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology (May 2016), 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.

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.