DBRS Discontinues Rating on the Liquidity Loan Agreement Related to Versailles Assets LLC RS Funding, Inc.

DBRS, Inc. (DBRS) discontinued the rating of the Liquidity Loan Agreement (LLA) related to Versailles Assets LLC RS Funding, Inc. (RS Funding, Inc.). RS Funding, Inc. was one of the transactions in Versailles Assets LLC, a commercial paper conduit sponsored and administered by Natixis, New York Branch (Natixis). The rating addressed the timely payment of principal and interest.

The discontinuation of the rating on the LLA reflects the full repayment of the debt rated.

The sources of information used for this rating include, but are not limited to, Versailles Assets LLC; RS Funding, Inc.; and Natixis. DBRS considers the information available to it for the purposes of providing this rating to be satisfactory.

Notes:
The principal methodology is Trade Receivables, 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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