DBRS Discontinues Rating on the Credit Default Swap Entered into by Diogenes CDO I, Ltd.

DBRS, Inc. (DBRS) discontinued the rating on the counterparty credit risk of Diogenes CDO I, Ltd. (Diogenes) with respect to its ability to make any and all payments due under the Credit Default Swap (CDS) confirmations governed by the ISDA Master Agreement dated November 4, 2005, between Deutsche Bank AG (rated A (low) with a Negative trend by DBRS) and Diogenes.

This discontinuation reflects a payment in full of the payments due under the CDS. The DBRS rating addressed the ultimate payment of the above-referenced payments until the Scheduled Termination Date of the CDS.

Notes:
The principal methodology is Rating Structured Finance CDO Restructurings, which can be found on dbrs.com under Methodologies & Criteria.

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.

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

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