DBRS Morningstar Discontinues Rating on Golden Credit Card Trust, Series 2019-2
Consumer Loans & Credit CardsDBRS Limited (DBRS Morningstar) discontinued its ratings on the Credit Card Receivables-Backed Floating Rate Notes, Series 2019-2 issued by Golden Credit Card Trust as they were fully repaid on October 15, 2021.
A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework can be found in the DBRS Morningstar Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings at: https://www.dbrsmorningstar.com/research/373262.
Notes:
The principal methodology is the Master Canadian Structured Finance Surveillance Methodology (June 7, 2021), which can be found on dbrsmorningstar.com under Methodologies & Criteria.
The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report: https://www.dbrsmorningstar.com/research/384482.
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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