Credit Rating Report
STABLE Trust: Rating Report
ABCPSummary
DBRS Limited (DBRS) assigned a rating of R-1 (high) (sf) to the Senior Short Term Notes, Series 2018-1 (the Notes) issued by STABLE Trust (the Trust). The Trust is a new multi-seller, asset-backed commercial paper conduit initiated by its financial services agent, Canadian Imperial Bank of Commerce.
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Tim O'Neil
Managing Director - Canadian Structured Finance Ratings
+(1) 416 597 7477
tim.oneil@morningstar.com- Jason Phan
Vice President - Canadian Structured Finance Ratings, Surveillance
+(1) 416 597 7514
jason.phan@morningstar.com - Sarah Bialas
Senior Vice President - Canadian Structured Finance Ratings, Legal
+(1) 416 597 7442
sarah.bialas@morningstar.com - Clara Vargas
Senior Vice President, Sector Lead - Canadian Structured Finance Ratings, Surveillance
+(1) 416 597 7473
clara.vargas@morningstar.com