DBRS Morningstar Assigns AAA (sf) Rating to Fusion Trust II’s Series A Note

DBRS Limited (DBRS Morningstar) assigned a rating of AAA (sf) to the Series A Note (the Note) issued by Fusion Trust II. The repayment of the Note is supported by a portfolio of uninsured residential mortgages originated by a large mortgage finance company operating in Canada.

This rating is assigned at the request of the purchaser of the Note 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 Morningstar 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 [email protected].

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