DBRS Discontinues Ratings on U.S. ABS Transaction

DBRS, Inc. (DBRS) has today discontinued the outstanding ratings of AAA (sf), AAA (sf), AA (sf), A (sf), BBB(sf) and B(sf) on Equipment Contract Backed Notes, Series 2013-1, Class A, Equipment Contract Backed Notes, Series 2013-1, Class B, Equipment Contract Backed Notes, Series 2013-1, Class C, Equipment Contract Backed Notes, Series 2013-1, Class D, Equipment Contract Backed Notes, Series 2013-1, Class E, and Equipment Contract Backed Notes, Series 2013-1, Class F, respectively, issued by Axis Equipment Finance Receivables II, LLC because of repayment.

Notes:
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.