DBRS Confirms and Discontinues the Facility A Loan and Facility B Loan by Mercury Receivables Trust

DBRS has today confirmed the ratings assigned to the repayment of the Facility A Loan and Facility B Loan (collectively, the Loans) by Mercury Receivables Trust. Following the rating actions, DBRS discontinues all aforementioned ratings upon the Issuer’s request.

The Loans are secured by an asset-backed note held by Mercury Receivables Trust (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:
All figures are in Canadian dollars unless otherwise noted.

The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.

The applicable methodologies are Rating Canadian Trade Receivables Securitization Transactions and Legal Criteria for Canadian Structured Finance, which can be found on our website under Methodologies.