DBRS Discontinues Rating of Merit Trust, First Subordinated Short-Term Asset-Backed Notes

DBRS has today discontinued the rating of the First Subordinated Short-Term Asset-Backed Notes (the Notes) issued by Merit Trust at the request of the Trust’s sponsor, as the Notes have been fully repaid.

Note:
The applicable methodologies are Rating Canadian ABCP and Legal Criteria for Canadian Structured Finance, which are available on our website under Methodologies.