DBRS Morningstar Discontinues Ratings on Engs Commercial Finance Trust 2016-1

DBRS, Inc. (DBRS Morningstar) discontinued its outstanding ratings on the following notes issued by Engs Commercial Finance Trust 2016-1 as a result of repayment:

-- Class B Notes
-- Class C Notes
-- Class D Notes

A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework and its methodologies can be found at: https://www.dbrsmorningstar.com/research/357792.

Notes:
The principal methodology is DBRS Morningstar Master U.S. ABS Surveillance (May 27, 2020), which can be found on dbrsmorningstar.com under Methodologies & Criteria.

For more information regarding rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/357883.

For more information regarding structured finance rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/358308.

For more information regarding structured finance rating approach and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/359905.

For more information on this credit or on this industry, visit www.dbrsmorningstar.com or contact us at [email protected].

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