Report
Justin Tsang ...
  • King Lam
  • N/A N/A
  • Rield Boshti

Banner Trust, Merit Trust, Prime Trust, Reliant Trust, and Zeus Receivables Trust Transaction 40 Summary

DBRS Limited (DBRS Morningstar) confirmed the Senior Short-Term Asset-Backed Notes of Prime Trust and Zeus Receivables Trust and the Series A Notes of Banner Trust and Reliant Trust (collectively, Banner Trust, Prime Trust, Reliant Trust, and Zeus Receivables Trust are the Trusts) at R-1 (high) (sf). The rating confirmations are pursuant to the inclusion of a new transaction (Transaction 40) in the Trusts on January 15, 2021.
Underlyings
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
Justin Tsang

King Lam

N/A N/A

Rield Boshti

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