DBRS Places Ratings on Facility A Loan and Facility B Loan by Mercury Receivables Trust Under Review - Developing

DBRS Limited (DBRS) has today placed the ratings on the repayment of Facility A Loan and Facility B Loan (collectively, the Loans) by Mercury Receivables Trust of AA (sf) and A (sf), respectively, Under Review - Developing. The Loans are secured by an asset-backed note held by Mercury Receivables Trust, which is backed by a pool of short-term non-interest bearing receivables from corporate obligors.

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

Notes:
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.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.