Credit Rating Report

Mulcair Securities No.2 DAC: Rating Report

RMBS

Summary

On 25 June 2021, DBRS Ratings GmbH (DBRS Morningstar) finalised its provisional ratings on the notes issued by Mulcair Securities No.2 DAC:

-- Class A rated AAA (sf)
-- Class B rated AA (sf)
-- Class C rated A (low) (sf)
-- Class D rated BBB (low) (sf)
-- Class E rated BB (sf)
-- Class F rated BB (low) (sf)

The Class Z notes also issued in the transaction are not rated by DBRS Morningstar.

Ratings

  • 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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