Together Asset Backed Securitisation 2021-CRE1 Plc: Presale Report
On 19 February 2021, DBRS Ratings Limited (DBRS Morningstar) assigned provisional ratings to classes of notes to be issued by Together Asset Backed Securitisation 2021-CRE1 Plc, the first public securitisation issuance backed by small balance commercial mortgage loans originated by Together Commercial Financial Services Limited. The portfolio of loans comprises first- and second-lien mortgage loans, secured by commercial, mixed-use, and residential properties located in the United Kingdom. For insight beyond the ratings, see the presale report.
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.
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