DBRS Assigns AAA (sf) Rating to Banner Trust’s Series C Facility E Loan
ABCPDBRS Limited (DBRS) assigned a rating of AAA (sf) to the Series C Facility E Loan (the Loan) issued by Banner Trust. The repayment of the Loan is supported by a portfolio of conventional residential mortgages originated by a large mortgage finance company operating in Canada.
This rating is assigned at the request of the lender of the Loan for regulatory purposes.
Notes:
The principal methodology is Rating Canadian Residential Mortgages, Home Equity Lines of Credit and Reverse Mortgages, which can be found on dbrs.com under Methodologies & Criteria.
The rated entity or its related entities did participate in the rating process for this rating action. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
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