DBRS Removes Under Review - Developing and Confirms Ratings on the Facility A Loan and Facility B Loan Issued by Mercury Receivables Trust

DBRS Limited (DBRS) has today confirmed the ratings on the repayment of the Facility A Loan and Facility B Loan (collectively, the Loans) by Mercury Receivables Trust at AA (sf) and A (sf), respectively, following an internal review. The ratings have been removed from Under Review - Developing after having been placed there on April 13, 2015. 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:
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.