Press Release

DBRS Morningstar Discontinues Ratings on Trillium Credit Card Trust II, Series 2019-1 and Series 2019-2

Consumer Loans & Credit Cards
January 27, 2021

DBRS Limited (DBRS Morningstar) discontinued its ratings on the following notes issued by Trillium Credit Card Trust II as they were fully repaid on January 26, 2021:

-- Credit Card Receivables-Backed Floating Rate Class A Notes, Series 2019-1
-- Credit Card Receivables-Backed Class B Notes, Series 2019-1
-- Credit Card Receivables-Backed Class C Notes, Series 2019-1

-- Credit Card Receivables-Backed Class A Notes, Series 2019-2
-- Credit Card Receivables-Backed Class B Notes, Series 2019-2
-- Credit Card Receivables-Backed Class C Notes, Series 2019-2

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 Master Canadian Structured Finance Surveillance Methodology (August 31, 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 the structured finance rating approach and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/359905.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS Morningstar had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

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

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