Credit Rating Report

Trillium Credit Card Trust II, Series 2021-2: Rating Report

Consumer Loans & Credit Cards

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)

Ratings

Trillium Credit Card Trust II
  • Date Issued:Oct 29, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Oct 29, 2021
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Oct 29, 2021
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • 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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