DBRS Confirms AA (sf) Rating on the Trade Receivables Loan Facility of Ineos Finance (Ireland) Limited

DBRS, Inc. (DBRS) has today confirmed the rating of AA (sf) on the Trade Receivables Loan Facility related to Ineos Finance (Ireland) Limited. The trade receivables transaction is administered by Citibank, N.A. The rating addresses the timely payment of interest and the ultimate payment of principal. The confirmation of the rating reflects the ongoing performance of the trade receivables transaction and the review of the Deed of the Amendment and Restatement as well as the Common Terms Agreement, both dated December 14, 2015.

The sources of information used for this rating comprise parties involved in the rating, including but not limited to Ineos Finance (Ireland) Limited and Citibank, N.A. DBRS considers the information available to it for the purposes of providing this rating to be satisfactory.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The principal methodology is Trade Receivables, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

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