Credit Rating Report

SAFE Trust and SOUND TRUST, Transaction 85 Summary

ABCP

Summary

DBRS Limited (DBRS Morningstar) confirmed its ratings on the Senior Short-Term Notes, Series 1996-1 issued by SAFE Trust and the Senior Short-Term Notes, Series 1998-1 issued by SOUND Trust (collectively, the Trusts) at R-1 (high) (sf). The rating confirmations are based on the addition of a new transaction to the Trusts (Transaction 85) on October 27, 2020.

Ratings

SAFE Trust
SOUND Trust
  • 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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