DBRS Confirms BBB (High) Rating to the Class A Certificates of Mount Skylight Repackaging Trust

DBRS has today confirmed a rating of BBB (High) to the Class A Certificates of Mount Skylight Repackaging Trust. The obligation is collateralized primarily by a portfolio of U.S. residential mortgage-backed securities (RMBS), collateralized debt obligations (CDOs), and other asset-backed securities. The DBRS rating addresses the ultimate payments of interest and principal on or before the termination of the trust.

The rating reflects the adequate credit enhancement to withstand projected collateral loss rates under various cash flow stress scenarios.

Note:
All figures are in U.S. dollars unless otherwise noted.

The applicable public methodology is Rating US & European Structured Finance CDO Restructurings, which can be found on our website under Methodologies.

This is a Structured Finance rating.