BlackRock DLF IX 2019-G CLO, LLC: Rating Report

DBRS, Inc. (DBRS Morningstar) assigned ratings of AAA (sf) to the Class A-1 Secured Floating Rate Notes due 2029 (the Class A-1 Notes); AA (sf) to the Class A-2 Secured Floating Rate Notes due 2029 (the Class A-2 Notes; together with the Class A-1 Notes, the Class A Notes); A (sf) to the Class B Secured Deferrable Floating Rate Notes due 2029 (the Class B Notes); BBB (sf) to the Class C Secured Deferrable Floating Rate Notes due 2029 (the Class C Notes); BB (sf) to the Class D Secured Deferrable Floating Rate Notes due 2029 (the Class D Notes); B (sf) to the Class E Secured Deferrable Floating Rate Notes due 2029 (the Class E Notes; collectively with the Class A, B, C and D Notes, the Secured Notes or the Debt); and BBB (low) (sf) to the Combination Notes due 2029 issued by BlackRock DLF IX 2019-G CLO, LLC (the Issuer or the BlackRock IX-G CLO), a limited-liability company organized under the law of the State of Delaware. The Subordinated Notes (together with the Secured Notes, the Notes) are unrated and will act as additional subordination for the transaction.