Credit Rating Report

Merit Trust, Prime Trust, Zeus Receivables Trust, Banner Trust, Reliant Trust - Transaction 90 Summary

ABCP

Summary

DBRS Limited (DBRS Morningstar) confirmed the Senior Short-Term Asset-Backed Notes of Merit Trust, Prime Trust, and Zeus Receivables Trust and the Series A Notes of Banner Trust and Reliant Trust (collectively, Merit Trust, Prime Trust, Zeus Receivables Trust, Banner Trust, and Reliant Trust are the Trusts) at R-1 (high) (sf). The rating confirmations are pursuant to the inclusion of a new transaction (Transaction 90) to the Trusts on February 28, 2020.

Ratings

Banner Trust
  • Date Issued:Feb 28, 2020
  • Rating Action:Confirmed
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Merit Trust
  • Date Issued:Feb 28, 2020
  • Rating Action:Confirmed
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Prime Trust
  • Date Issued:Feb 28, 2020
  • Rating Action:Confirmed
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Reliant Trust
  • Date Issued:Feb 28, 2020
  • Rating Action:Confirmed
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Zeus Receivables Trust
  • Date Issued:Feb 28, 2020
  • Rating Action:Confirmed
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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