DBRS Confirms Ratings on LEAF Capital Funding SPE B, LLC Class A and Class B Notes
EquipmentDBRS, Inc. (DBRS) has today confirmed the ratings on the following Notes issued by LEAF Capital Funding SPE B, LLC, pursuant to the Omnibus Amendment No. 3 to Purchase and Contribution Agreement and Loan and Security Agreement, dated as of November 20, 2014:
-- Class A Notes, issued in an amount of up to $150,000,000, at A (high) (sf)
-- Class B Notes, issued in an amount of up to $10,273,973, at BBB (sf)
The assets securing the LEAF Capital Funding SPE B, LLC Notes are a revolving pool of diversified equipment loans and leases. The committed revolving period of the facility expires in May 2015. Credit Suisse AG, New York Branch serves as the Lender and Administrative Agent.
Notes:
All figures are in U.S. dollars unless otherwise noted.
The applicable methodology is Rating U.S. Equipment Lease and Loan Securitizations (September 2014), which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
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