DBRS Confirms Ratings on Notes Issued by Ambrose 2012-1
Structured CreditDBRS, Inc. (DBRS) confirmed the ratings on the Class A1, Class A2 and Class B Notes (collectively, the Notes) issued by Ambrose 2012-1 pursuant to the Indenture dated as of December 11, 2012.
The Notes issued by Ambrose 2012-1 are collateralized primarily by a portfolio of investment-grade corporate bonds and structured finance securities. AIG Asset Management (U.S.), LLC acts as the collateral manager for Ambrose 2012-1.
The ratings on the Notes address the timely payment of interest and the ultimate payment of principal on or before the Stated Maturity date. The ratings on the Class A1 Notes and Class B Notes do not address any other amounts that may be paid to the noteholders, including but not limited to their respective Additional Amounts.
Notes:
The principal methodology is Rating CLOs and CDOs of Large Corporate Credit, which can be found on dbrs.com under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
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
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.