DBRS Confirms and Assigns Ratings to LEAF Capital Funding SPE A, LLC Series 2014-A

DBRS, Inc. (DBRS) has today confirmed ratings on the following Notes issued by LEAF Capital Funding SPE A, LLC Series 2014-A (the Issuer):

-- The Class A Notes issued in an amount of up to $164,000,000 at AAA (sf)
-- The Class B Notes issued in an amount of up to $9,200,000 at AA (sf)

In addition, DBRS has today assigned ratings to the following notes:

-- The Class C Notes issued in an amount of up to $7,051,000 at A (sf)
-- The Class D Notes issued in an amount of up to $4,500,000 at BBB (sf)
-- The Class E Notes issued in an amount of up to $2,100,000 at BBB (low) (sf)

Furthermore, DBRS has discontinued the following notes previously issued by LEAF Capital Funding SPE A, LLC Series 2014-A due to full repayment:

-- Series 2014-A, Class C notes rated A (sf)
-- Series 2014-A, Class D notes rated BBB (sf)
-- Series 2014-A, Class E notes rated BBB (low) (sf)

The assets securing the LEAF Capital Funding SPE A, LLC notes consist of a revolving pool of diversified equipment loans and leases. The committed revolving period of the facility expires in December 2017. Guggenheim Securities, LLC serves as 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, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.