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

Pure Grove Funding, Series 1 Asset-Backed Commercial Paper Notes, Class Maple Transaction 99

As issuer of the Series 1 Asset-Backed Commercial Paper Notes (the Notes), Pure Grove Funding (the Conduit) entered into a funding agreement with a special-purpose vehicle (the SPV) to advance a secured loan to the SPV for the purpose of the SPV’s purchase of the Portfolio of Loans originated by a captive auto finance company (the Seller) operating in Canada.
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
King Lam

N/A N/A

Rield Boshti

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