Storm King Funding: Rating Report
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Summary
DBRS Limited (DBRS Morningstar) confirmed the rating on the Series 1 Asset-Backed Commercial Paper Notes issued by Storm King Funding at R-1 (high) (sf) as part of its annual review of publicly rated asset-backed commercial paper conduits. The confirmation is part of DBRS Morningstar’s continued effort to provide timely credit rating opinions and increased transparency to market participants.