Trillium Credit Card Trust II, Series 2021-1: Rating Report
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Summary
DBRS Limited (DBRS Morningstar) finalized its provisional ratings on Series 2021-1 and Series 2021-2 (collectively, the Notes) issued by Trillium Credit Card Trust II (the Trust) as follows:
-- AAA (sf) on the Credit Card Receivables-Backed Class A Notes, Series 2021-1 (the Series 2021-1 Class A Notes)
-- A (sf) on the Credit Card Receivables-Backed Class B Notes, Series 2021-1 (the Series 2021-1 Class B Notes)
-- BBB (sf) on the Credit Card Receivables-Backed Class C Notes, Series 2021-1 (the Series 2021-1 Class C Notes)
-- AAA (sf) on the Credit Card Receivables-Backed Floating Rate Class A Notes, Series 2021-2 (the Series 2021-2 Class A Notes, collectively with the Series 2021-1 Class A Notes, the Class A Notes)
-- A (sf) on the Credit Card Receivables-Backed Class B Notes, Series 2021-2 (the Series 2021-2 Class B Notes, collectively with the Series 2021-1 Class B Notes, the Class B Notes)
-- BBB (sf) on the Credit Card Receivables-Backed Class C Notes, Series 2021-2 (the Series 2021-2 Class C Notes, collectively with the Series 2021-1 Class C Notes, the Class C Notes)