Report
Hrishikesh Oturkar ...
  • Lina Mukhitdinova

Cartesian Residential Mortgages 6 S.A.: Rating Report

On 10 June 2021, DBRS Ratings GmbH (DBRS Morningstar) finalised its provisional ratings on the following notes issued by Cartesian Residential Mortgages 6 S.A.:

-- Class A Notes rated AAA (sf)
-- Class B Notes rated AA (high) (sf)
-- Class C Notes rated A (high) (sf)

The finalised rating of the Class B notes at AA (high) (sf) is higher than the provisional rating of AA (sf) because of the note margins being lower than those assumed at the time of assigning provisional ratings.
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Hrishikesh Oturkar

Lina Mukhitdinova

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