BlackRock DLF IX CLO 2021-1, LLC: Rating Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following Notes (together, the Secured Notes) issued by BlackRock DLF IX CLO 2021-1, LLC, pursuant to the Note Purchase and Security Agreement (the NPSA) dated as of March 30, 2021, among BlackRock DLF IX CLO 2021-1, LLC, as the Issuer; U.S. Bank National Association, as the Collateral Agent, Custodian, Document Custodian, Collateral Administrator, Information Agent, and Note Agent; and the Purchasers referred to therein.

-- Class A-1 Notes at AAA (sf)
-- Class A-2 Notes at AAA (sf)
-- Class B Notes at AA (low) (sf)
-- Class C Notes at A (sf)
-- Class D Notes at BBB (sf)
-- Class E Notes at BB (sf)
-- Class W Notes at B (sf)