Report
Andrew Lynch ...
  • Christian Aufsatz
  • Mark Wilder
  • Mudasar Chaudhry

PCL Funding IV PLC, Series 2020-1 Notes: Presale Report

DBRS Morningstar assigned provisional ratings to the notes to be issued by PCL Funding IV PLC. This transaction represents the third term ABS to be sponsored by Premium Credit Limited, a leading independent finance company providing nonlife insurance premium financing in the United Kingdom and Republic of Ireland. For insight beyond the ratings, see the presale report.
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
Andrew Lynch

Christian Aufsatz

Mark Wilder

Mudasar Chaudhry

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