DBRS Morningstar Discontinues Ratings on Chesapeake Funding II LLC, Series 2019-2

DBRS, Inc. (DBRS Morningstar) discontinued the outstanding ratings on the following notes issued by Chesapeake Funding II LLC, Series 2019-2 as a result of full repayment:

-- Series 2019-2, Class B Notes
-- Series 2019-2, Class C Notes
-- Series 2019-2, Class D Notes

ENVIRONMENTAL, SOCIAL, GOVERNANCE CONSIDERATIONS
There were no Environmental/Social/Governance factors that had a significant or relevant effect on the credit analysis.

A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework can be found in the DBRS Morningstar Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings at https://www.dbrsmorningstar.com/research/416784
(4 July 2023).

Notes:
The principal methodology applicable to the ratings is DBRS Morningstar Master U.S. ABS Surveillance (20 July 2023; https://www.dbrsmorningstar.com/research/417414/dbrs-morningstar-master-us-abs-surveillance).

Other methodologies referenced in this transaction are listed at the end of this press release.

The credit ratings were initiated at the request of the rated entity.

The rated entity or its related entities did participate in the credit rating process for this credit rating action.

DBRS Morningstar had access to the accounts, management and other relevant internal documents of the rated entity or its related entities in connection with this credit rating action.

This is a solicited credit rating.

DBRS, Inc.
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Tel. +1 212 806-3277

The rating methodologies used in the analysis of this transaction can be found at:
https://www.dbrsmorningstar.com/about/methodologies.

Operational Risk Assessment for U.S. ABS Servicers (20 July 2023)
https://www.dbrsmorningstar.com/research/417415

Operational Risk Assessment for U.S. ABS Originators (20 July 2023)
https://www.dbrsmorningstar.com/research/417416

Legal Criteria for U.S. Structured Finance (7 December 2022)
https://www.dbrsmorningstar.com/research/407008/legal-criteria-for-us-structured-finance

Rating U.S. Structured Finance Transactions (6 February 2023)
https://www.dbrsmorningstar.com/research/409449/rating-us-structured-finance-transactions

Rating U.S. Auto Fleet Lease Securitizations (23 September 2020)
https://www.dbrsmorningstar.com/research/367023/rating-us-auto-fleet-lease-securitizations

For more information on this credit or on this industry, visit www.dbrsmorningstar.com or contact us at [email protected].