Press Release

DBRS Discontinues Rating on Credit Default Swap Entered by Static Residential CDO 2005-A Ltd.

Structured Credit
June 06, 2019

DBRS, Inc. (DBRS) discontinued the AA (sf) rating on the counterparty credit risk of Static Residential CDO 2005-A Ltd. (START 2005-A), reflecting the payment in full of amounts due under the Credit Default Swap confirmation (CDS) governed by the ISDA Master Agreement, dated June 28, 2005, between Deutsche Bank AG and START 2005-A.

The DBRS rating addressed the timely and full payment of the above-referenced payments until the Scheduled Termination Date of the CDS.

Notes:
All figures are in U.S. dollars unless otherwise noted.

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.

DBRS, Inc.
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New York, NY 10005 USA

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