Canadian Credit Card Trust II, Series 2020-1: Rating Report
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Summary
DBRS Limited (DBRS Morningstar) finalized the following provisional ratings on the Credit Card Receivables-Backed Series 2020-1 Notes (the Notes) issued by Canadian Credit Card Trust II (the Trust):
-- AAA (sf) on the Credit Card Receivables-Backed 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)
-- BBB (sf) on the Credit Card Receivables-Backed Class C Notes, Series 2020-1 (the Class C Notes)