Ares Lusitani - STC, S.A. (Pelican Finance No. 2): Presale Report

Summary

DBRS Ratings GmbH (DBRS Morningstar) assigned provisional ratings to the Class A, Class B, Class C, and Class D Notes (together with the unrated Class E and Class X Notes, the Notes) to be issued by Ares Lusitani – STC, S.A. (Pelican Finance No. 2) as listed.

Available Documents

Ares Lusitani - STC, S.A. (Pelican Finance No. 2): Presale Report

Nov 12, 2021

Consumer Loans & Credit Cards

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
12-Nov-21	Class A Notes	AA (sf)	--	Provis.-New	EU U
12-Nov-21	Class B Notes	A (sf)	--	Provis.-New	EU U
12-Nov-21	Class C Notes	BBB (sf)	--	Provis.-New	EU U
12-Nov-21	Class D Notes	B (high) (sf)	--	Provis.-New	EU U

More

Ares Lusitani - STC, S.A. (Pelican Finance No. 2)

Class A Notes

Date Issued:Nov 12, 2021
Rating Action:Provis.-New
Ratings:AA (sf)
Trend:--
Rating Recovery:
Issued:EUU

Class B Notes

Date Issued:Nov 12, 2021
Rating Action:Provis.-New
Ratings:A (sf)
Trend:--
Rating Recovery:
Issued:EUU

Class C Notes

Date Issued:Nov 12, 2021
Rating Action:Provis.-New
Ratings:BBB (sf)
Trend:--
Rating Recovery:
Issued:EUU

Class D Notes

Date Issued:Nov 12, 2021
Rating Action:Provis.-New
Ratings:B (high) (sf)
Trend:--
Rating Recovery:
Issued:EUU

Enjoying our exclusive insights?

Register for a free account to get unrestricted access to our in-depth research, presale and ratings reports, and more. Access is limited for unregistered users.

Already have an account? Log In

Brands

Products

Segments

Insights

Company

Connect

Ares Lusitani - STC, S.A. (Pelican Finance No. 2): Presale Report

Summary

Available Documents