Press Release

DBRS Discontinues Liquidity Instrument Rating Supporting Transaction SL2 within GIFS Capital Company, LLC

ABCP
March 30, 2017

DBRS, Inc. (DBRS) has discontinued the rating of AAA (sf) on the Credit Suisse Liquidity Instrument, pursuant to the Liquidity Agreement supporting the SL2 transaction within GIFS Capital Company, LLC., as a result of the termination by Credit Suisse of the commitment under the Liquidity Agreement – SL2 supporting the transaction within GIFS Capital Company, LLC. The sources of information used for this rating include parties involved in the rating, including but not limited to, Credit Suisse.

Notes:
The applicable methodology is Asset-Backed Commercial Paper Criteria Report: U.S. ABCP Conduits, which can be found on our website under Methodologies.

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

Ratings

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  • U = UK endorsed
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