New York, January 06, 2014 -- Moody's Investors Service has determined that termination effective as of January 6, 2014 by BFC Ajax CDO Ltd. (the "Issuer"), an SF CDO, of existing credit enhancement for the benefit of the Class A Notes issued by the Issuer and dated as of November 29, 2006 (the "Credit Enhancement Termination") and performance of the activities contemplated therein will not in and of themselves and at this time result in the withdrawal, reduction or other adverse action with respect to any current rating by Moody's of any Class of Notes (with respect to the Class A Notes, without giving effect to the Credit Enhancement) issued by the Issuer. Moody's does not express an opinion as to whether the Credit Enhancement Termination could have non-credit-related effects.

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