Rating Report

Storm King Funding, Transaction 75, Plaza Trust, Pure Grove Funding, Transaction 107 Summary

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Summary

DBRS Limited (DBRS Morningstar) confirmed its ratings on the Series 1 Asset-Backed Commercial Paper Notes issued by Plaza Trust (Plaza), and the Series 1 Asset-Backed Commercial Paper Notes, Class Maple and Series 1 Asset-Backed Commercial Paper Notes, Class Oak issued by Pure Grove Funding (Pure Grove, and together with Plaza, the Trusts) at R-1 (high) (sf). The rating confirmations are based on the addition of a new transaction to the Trusts (Transaction 107) on October 14, 2022.

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