DBRS Discontinues the Rating on Thur River Funding, LLC
Consumer Loans & Credit CardsDBRS, Inc. (DBRS) discontinued the rating on the Advances issued by Thur River Funding, 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 & Criteria.
The rated entity or its related entities did participate in the rating process for this rating action. DBRS did have access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.
This rating is endorsed by DBRS Ratings Limited for use in the European Union. The following additional regulatory disclosures apply to endorsed ratings:
The last rating action on this transaction took place on November 6, 2018, when DBRS confirmed the rating on the Advances at AA (sf).
For further information on DBRS historical default rates published by the European Securities and Markets Authority (ESMA) in a central repository, see: http://cerep.esma.europa.eu/cerep-web/statistics/defaults.xhtml.
Lead Analyst: Mark Zelmanovich, Senior Vice President, U.S. ABS Surveillance – Global Structured Finance
Rating Committee Chair: Christopher D'Onofrio, Managing Director, U.S. ABS – Global Structured Finance.
Initial Rating Date: November 15, 2018
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
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