Report
Clara Vargas ...
  • Jiani Xi
  • N/A N/A
  • Paul Bretzlaff

Prime Trust: Rating Report

DBRS Morningstar released an updated rating report for Prime Trust (the Trust) after its conversion to a mortgage-only Asset-Backed Commercial Paper conduit on July 27, 2023. The Trust is a multi-seller, residential mortgage securitization program administered by TD Securities Inc. that issues Senior Short-Term Asset-Backed Notes rated R-1 (high) (sf) by DBRS Morningstar.
Underlying
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
Clara Vargas

Jiani Xi

N/A N/A

Paul Bretzlaff

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