DBRS Confirms Ratings on Facility A Loan and Facility B Loan Assigned to Mercury Receivables Trust

DBRS has today confirmed the ratings of AAA (sf) assigned to the repayment of the Facility A Loan and A (sf) to the repayment of the Facility B Loan (the Facility A Loan and Facility B Loan collectively referred to as the Loans), each by Mercury Receivables Trust (Mercury) to the lender in accordance with the terms of the loan agreement dated March 22, 2013 (the Loan Agreement). The Loans are secured by an asset-backed note held by Mercury, which is backed by a pool of short-term non-interest bearing receivables from corporate obligors (the Note). DBRS initially assigned the ratings to the Loans on March 26, 2013, when AMT Receivables Trust (AMT) was the borrower under the Loan Agreement and the purchaser of the Note. Each of the Loan Agreement and the Note were assigned by AMT to Mercury effective September 20, 2013.

Notes:
The ratings have been assigned at the request of the lender for regulatory purposes and are available at www.dbrs.com.

The applicable methodologies are U.S. Trade Receivables (December 2009) and Legal Criteria for Canadian Structured Finance (September 2013), which can be found on our website under Methodologies.