Credit Rating Report

Banner Trust, Merit Trust, Prime Trust, Reliant Trust, and Zeus Receivables Trust - Transaction 26 Summary

ABCP

Summary

DBRS Limited (DBRS Morningstar) confirmed the asset-backed commercial paper notes of Banner Trust, Merit Trust, Prime Trust, Reliant Trust, and Zeus Receivables Trust (collectively, the Trusts) at R-1 (high) (sf). The rating confirmations are pursuant to an inclusion of a transaction (Transaction 26) to the Trusts on March 20, 2020.

Ratings

Banner Trust
  • Date Issued:Mar 20, 2020
  • Rating Action:Confirmed
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Merit Trust
  • Date Issued:Mar 20, 2020
  • Rating Action:Confirmed
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Prime Trust
  • Date Issued:Mar 20, 2020
  • Rating Action:Confirmed
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Reliant Trust
  • Date Issued:Mar 20, 2020
  • Rating Action:Confirmed
  • Ratings:R-1 (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
Zeus Receivables Trust
  • Date Issued:Mar 20, 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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