Press Release

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

ABCP
August 15, 2017

DBRS, Inc. (DBRS) discontinued the rating of A (sf) on the Credit Suisse Liquidity Instrument, pursuant to the Liquidity Agreement supporting the NLF transaction within GIFS Capital Company, LLC. This rating action reflects the full and timely repayment of the interest and principal, in accordance with the transaction documentation. The sources of information used for this rating include parties involved in the rating, including but not limited to Credit Suisse.

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

  • 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.