Exhibit 99.1

Deloitte & Touche LLP Suite 400 Harborside Plaza 10 Jersey City, NJ 07311 USA
Tel:   +1 212 937 8200 Fax:  +1 212 937 8298 www.deloitte.com

Napier Park Global Capital (US) LP

280 Park Avenue, 3^rd Floor

New York, New York 10017

Independent Accountants' Report

on Applying Agreed-Upon Procedures

We have performed the procedures described below, which were agreed to by Napier Park Global Capital (US) LP (the "Company") and Credit Suisse Securities (USA) LLC ("Credit Suisse" and, together with the Company, the "Specified Parties") related to their evaluation of certain information with respect to a portfolio of leases and the associated railcars in conjunction with the proposed offering of NP SPE II LLC, Secured Railcar Equipment Notes, Series 2017-1.

The Company is responsible for the information provided to us, including the information set forth in the Statistical Data File (as defined herein). The sufficiency of these procedures is solely the responsibility of the Specified Parties of this report.  Consequently, we make no representations regarding the sufficiency of the procedures described below either for the purpose for which this report has been requested or for any other purpose.

Agreed-Upon Procedures

On September 8, 2017, representatives of Credit Suisse, on behalf of the Company, provided us with a listing containing 158 railcar leases and the related 7,503 railcars (the "Railcar Lease Listing").  At the instruction of Credit Suisse, on behalf of the Company, we randomly selected (i) 40 railcar leases on the Railcar Lease Listing that (a) were indicated as "Napier Assets" and (b) were not indicated has having an owner of "NP SPE II" (the "Napier Sample Leases") and (ii) 10 railcar leases indicated on the Railcar Lease Listing as "RIV Portfolio" (the "RIV Sample Leases" and, together with the Napier Sample Leases,  the "Sample Leases").

Additionally, on September 13, 2017, representatives of Trinity Industries Leasing Company ("Trinity"), on behalf of the Company, provided us with a computer-generated railcar lease data file and related record layout (the "Statistical Data File") containing data, as represented to us by Credit Suisse, on behalf of the  Company, as of the close of business August 31, 2017, with respect to each of the 158 railcar leases and the related 7,503 railcars set forth on the Railcar Lease Listing (the "Statistical Data File").

At the instruction of the Company, we performed certain comparisons and recomputations for each of the Sample Leases relating to the lease characteristics (the "Characteristics") set forth on the Statistical Data File and indicated below.

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Characteristics

1.Lease identifier (for informational purposes only) 2.Rider number 3.Lease type (full service/net lease/per diem) 4.Purchase option indicator (yes/no) 5.Purchase option description (as applicable) 6.Early termination option indicator (yes/no) 7.Early termination option description (as applicable) 8.Car type (tank/freight) 9.Volume capacity (gallon/cubic feet/N/A) 10.Monthly lease rate 11.Original/renewal lease term 12.Lessee name 13.Number of railcars 14.Year of manufacture 15.Maturity date  

We compared Characteristics 2. through 12. to the corresponding information set forth on or derived from the Railroad Car Lease Agreement, Rider to Railroad Car Lease Agreement, Escalation Letter or Addendum to the Rider (collectively, the "Lease Agreement"); Characteristics 13. and 14. to a data query provided to us by Trinity, on behalf of the Company (the "Asset Query"); and Characteristic 15. to screen shots from Trinity's servicing system (the "TAS System Screen Shots").

For purposes of our procedures and at your instruction:

· with respect to our comparison of Characteristic 2., for each Sample Lease that included a decimal within the rider number set forth on the Statistical Data File, we compared the rider number excluding the decimal to the related Lease Agreement;

· with respect to our comparison of Characteristic 8., a car type of (i) "Freight," as set forth on the Statistical Data File, is deemed to be "in agreement" with "Coal," "Hopper," "Gondola,"  "Covered Hopper,"  "Rapid Discharge" or "Auto-Rack," as set forth on the Lease Agreement, and (ii) "Tank," as set forth on the Statistical Data File, is deemed to be in agreement with "Wg" or "weighted gallons," as set forth on the Lease Agreement; and

· with respect to our comparison of Characteristic 9., a volume capacity of "CL," "NCNI," "wg" or "NCI," as set forth on the Statistical Data File, is deemed to be in agreement with "gallon," as set forth on the Lease Agreement.  Further, differences of 100 gallons or less are deemed to be "in agreement."

The lease documents described above, including any information obtained from the indicated systems, and any other related documents used in support of the Characteristics were provided to us by, or on behalf of, the Company and are collectively referred to hereinafter as the "Lease Documents."  We were not requested to perform, and we did not perform, any procedures with respect to the preparation or verification of any of the information set forth on the Lease Documents and we make no representations concerning the accuracy or completeness of any of the information contained therein.  In certain instances, our procedures were performed using data imaged facsimiles or photocopies of the Lease Documents.  In addition, we make no representations as to whether the Lease Documents are comprehensive or valid instruments or reflect the current prevailing terms with respect to the corresponding Sample Leases.

Agreed-Upon Procedures' Findings

The results of the foregoing procedures indicated that the Characteristics set forth on the Statistical Data File were found to be in agreement with the above mentioned Lease Documents, except as described in Appendix A.  Supplemental information is contained on Appendix B.

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We make no representations as to the (i) actual characteristics or existence of the underlying documents or data comprising the Sample Leases underlying the Initial Statistical Data File or the conformity of their characteristics with those assumed for purposes of the procedures described herein, (ii) existence or

ownership of the Sample Leases or (iii) reasonableness of any of the aforementioned assumptions, information or methodologies.

It should be understood that we make no representations as to questions of legal interpretation or as to the sufficiency for your purposes of the procedures enumerated in the preceding paragraphs. Also, such procedures would not necessarily reveal any material misstatement of the information referred to above.  We have no responsibility to update this report for events and circumstances that occur subsequent to the date of this report

This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants.  We were not engaged to conduct, and did not conduct, an (i) audit conducted in accordance with generally accepted auditing standards or (ii) examination or a review conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants, the objective of which would be the expression of an opinion or conclusion, respectively, on the accompanying information.  Accordingly, we do not express such an opinion or conclusion, or any other form of assurance, including reasonable assurance.  Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

None of the engagement, procedures or report was intended to address, nor did they address, the (i) conformity of the origination of the assets to stated underwriting or credit extension guidelines, standards, criteria or other requirements, (ii) value of collateral securing such assets or (iii) compliance of the originator of the assets with federal, state, and local laws and regulations.

None of the engagement, procedures or report were intended to satisfy, nor did they satisfy, any criteria for due diligence published by a nationally recognized statistical rating organization.

This report is intended solely for the information and use of the Specified Parties identified above and is not intended to be and should not be used by anyone other than these Specified Parties.

Yours truly,

/s/ Deloitte & Touche LLP

October 27, 2017

Appendix A to Independent Accountants' Report on Applying Agreed-Upon Procedures issued by Deloitte & Touche LLP dated October 27, 2017.In applying our agreed-upon procedures as outlined above, we observed the following:

Exception Description Number	Exception Description
1	One difference in monthly lease rate.

The information above reflects the procedures performed and is subject to the conditions set forth in the agreed-upon procedures report to which this appendix is attached.

Appendix B to Independent Accountants' Report on Applying Agreed-Upon Procedures issued by Deloitte & Touche LLP dated October 27, 2017 (Redacted).

Supplemental Information Related to the Findings Set Forth on Appendix A

Exception Description Number	Lessee	Rider Number	Characteristic	Characteristic set forth on the Statistical Data File	Characteristic set forth on or derived from the Lease Agreement
1	[REDACTED]	2.0	Monthly lease rate	$776.85	$738.00

The information above reflects the procedures performed and is subject to the conditions set forth in the agreed-upon procedures report to which this appendix is attached.