Press Release

DBRS Confirms Mercury Receivables Trust, Facility A Loan and Facility B Loan, Discontinues Ratings

Other
June 19, 2015

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

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.

Ratings

Mercury Receivables Trust
  • Date Issued:Jun 19, 2015
  • Rating Action:Disc.-W/drwn, Confirmed
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Jun 19, 2015
  • Rating Action:Disc.-W/drwn, Confirmed
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.