Canadian Credit Card Trust II, Series 2021-1: Rating Report

DBRS Limited (DBRS Morningstar) finalized the following provisional ratings on Series 2021-1 (the Notes) issued by Canadian Credit Card Trust II (the Trust):

-- AAA (sf) on the Credit Card Receivables-Backed Class A Notes, Series 2021-1 (the Class A Notes)
-- A (sf) on the Credit Card Receivables-Backed Class B Notes, Series 2021-1 (the Class B Notes)
-- BBB (sf) on the Credit Card Receivables-Backed Class C Notes, Series 2021-1 (the Class C Notes)