DBRS Assigns Ratings to Facility A Loan and Facility B Loan Issued by Mercury Receivables Trust

DBRS Limited (DBRS) has today assigned ratings of AA (low) (sf) and A (low) (sf), respectively, to the repayment of the Facility A Loan and the Facility B Loan (collectively, the Loans) issued by Mercury Receivables Trust (the Trust). The Loans are secured by an asset-backed note held by the 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.

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 (November 2014) and Legal Criteria for Canadian Structured Finance (August 2014), 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.