NEW YORK--(BUSINESS WIRE)--Fitch Ratings has withdrawn the long- and short-term ratings of the following SPEARs and the long-term ratings of following LIFERs and Custodial Receipts issued by Deutsche Bank SPEARs/LIFERs Trust:
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DB-243A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DB-243B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DB-263;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DB-308A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DB-308B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DB-411;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DB-413B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-282A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-282B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-296A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-296B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-299A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-299B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-299C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-305B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-305G;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-305O;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-305P;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-305R;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-306A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-306B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-306C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-317;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-338;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-374;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-395A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-395B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-395C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-415A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-415B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-415C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-415D;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-452;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-457;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-477A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-477B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-477C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-477D;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-486;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-490;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-495;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-511;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-644;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) custodial receipts series DBE-668;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DB-243A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DB-243B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DB-263;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DB-308A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DB-308B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DB-346;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DB-411;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DB-413B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-282A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-282B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-296;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-296B;
--Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-299A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-299B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-299C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305E;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305F;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305G;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305H;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305I;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305J;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305K;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305L;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305M;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305N;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305O;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305P;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305Q;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305R;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-305S;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-306A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-306B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-306C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-316;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-317;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-329A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-329B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-338A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-338B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-374;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-387;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-395A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-395B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-395C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-415A;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-415B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-415C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-415D;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-452;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-457;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-477B;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-477C;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-477D;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-486;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-490;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-495;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-511;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-644;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) long inverse floating exempt receipts (LIFERs) series DBE-668;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DB-243;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DB-263;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DB-308;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DB-346;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DB-411;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DB-413;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-282;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-296;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-299;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-305;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-306;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-316;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-317;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-329;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-338;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-374;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-387;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-395;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-415;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-452;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-457;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-477;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-486;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-490;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-495;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-511;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-644;
-- Deutsche Bank SPEARs/LIFERs Trust (NY) short puttable exempt adj receipts (SPEARs) series DBE-668.
Fitch has withdrawn the ratings because Deutsche Bank has chosen to stop participating in the rating process with respect to these securities. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for these issuances.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research:
'U.S. Municipal Structured Finance Criteria', Feb. 24, 2014;
'Guidelines for Rating Tender Option Bonds', May 9, 2013.
Applicable Criteria and Related Research:
Guidelines for Rating Tender Option Bonds
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=707849
U.S. Municipal Structured Finance Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=736618
Additional Disclosure
Solicitation Status
http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=823356
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