New York, February 05, 2016 -- Moody's has determined that the proposed action of Deutsche Bank (the swap counterparty) to post no collateral and take no remedial action under the swap agreements for the affected transactions should not, if implemented, in and of itself and at this time, result in a downgrade or withdrawal of the current ratings of the securities issued by issuers of the affected transactions noted below (the issuers). Moody's opinion addresses only the credit impact of the proposed action, and Moody's is not expressing any opinion as to whether the action has, or could have, other non-credit related effects that may have a detrimental impact on the interests of holders and/or counterparties.

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