Trillium Credit Card Trust II, Series 2020-1: Rating Report

DBRS Limited (DBRS Morningstar) finalized its provisional ratings of AAA (sf ) on the Credit Card Receivables-Backed Floating Rate Class A Notes, Series 2020-1 (the Class A Notes); A (sf ) on the Credit Card Receivables-Backed Class B Notes, Series 2020-1 (the Class B Notes); and BBB (sf ) on the Credit Card Receivables-Backed Class C Notes, Series 2020-1 (the Class C Notes; collectively, with the Class A Notes and the Class B Notes, the Notes) issued by the Trust.