Credit Rating Report

Vault DI Issuer LLC: Rating Report

Project Finance

Summary

DBRS Limited (DBRS Morningstar) finalized its provisional rating of BBB on the Issuer Rating and the provisional ratings of the Series 2021 Class A-1 $25 million variable funding notes (Class A-1 Notes) and the Series 2021 Class A-2 term notes of $225 million (Class A-2 Notes, and together with the Class A-1 Notes, the Senior Notes). The Senior Notes are fully amortizing with a 25-year legal maturity, issued by Vault DI Issuer LLC, and are backed by a portfolio of seven data centres and the leases in place with the tenants of the data centres.

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