DBRS Discontinues Ratings on Liquidity Agreements Supporting Transactions Within GIFS Capital Company, LLCABCP
DBRS, Inc. (DBRS) discontinued its ratings on the following Liquidity Agreements supporting transactions within GIFS Capital Company, LLC:
-- Liquidity Agreement - RNAR
-- Liquidity Agreement - LNAR
-- Liquidity Agreement - WHAR
-- Liquidity Agreement - RNAF
-- Liquidity Agreement - LNAF
-- Liquidity Agreement - WHAF
The ratings addressed the timely distribution of scheduled monthly interest payments and the ultimate distribution of principal in accordance with the transaction documents.
The rating actions reflect repayment in full.
The sources of information used for this rating include parties involved in the rating including, but not limited to, Credit Suisse AG.
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.
The principal methodology is Rating and Monitoring Asset-Backed Commercial Paper: U.S. ABCP Conduits, which can be found on dbrs.com under Methodologies & Criteria.
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