Press Release

DBRS Discontinues Rating on Senior Loans of Zim Shipping Finance Limited

ABCP
November 18, 2016

DBRS, Inc. (DBRS) has today discontinued the rating of A (sf) on the Senior Loans issued by Zim Shipping Finance Limited pursuant to the Deed of Termination, dated as of November 18, 2016. The discontinuation of the rating reflects the repayment in full of the Senior Loans.

Notes:
The applicable principal methodology is Trade Receivables, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

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.

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