DBRS Updates Report on Taurus 2015-1 IT S.r.l.

DBRS Ratings Limited (DBRS) has been informed by the originator that the outstanding loan amount for the Fashion District Loan is €85,000,000 rather than €84,964,000. This changes the size of the Class D Notes to €23,175,000 from €23,140,000. These changes have no impact on the DBRS provisional ratings assigned January 21, 2015. The presale report has been updated to reflect these changes.

Notes:
All figures are in euros unless otherwise noted.

The full report providing additional analytical detail is available by clicking on the link under Related Research at the right of the screen or by contacting us at info@dbrs.com.