DBRS Discontinues Ratings on OnDeck Asset Securitization Trust II LLC, Series 2016-1

DBRS, Inc. discontinued the outstanding ratings of the Series 2016-1 Asset Backed Notes, Class A and Series 2016-1 Asset Backed Notes, Class B securities issued by the OnDeck Asset Securitization Trust II LLC, Series 2016-1 transaction due to repayment in full.

Notes:
The principal methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on dbrs.com under Methodologies.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

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