DBRS Discontinues Rating on Axis Equipment Finance Receivables III LLC

DBRS, Inc. (DBRS) discontinued the outstanding ratings on the Series 2015-1 Notes, Class A-2; Series 2015-1 Notes, Class B; Series 2015-1 Notes, Class C; Series 2015-1 Notes, Class D; Series 2015-1 Notes, Class E; and Series 2015-1 Notes, Class F securities issued by Axis Equipment Finance Receivables III LLC due to repayment.

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. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

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