DBRS Morningstar Releases Updated Rating Reports for Each of SOUND Trust, SURE Trust, SAFE Trust, and STABLE Trust

DBRS Morningstar released updated rating reports for each of SOUND Trust, SURE Trust, SAFE Trust, and STABLE Trust (each a Conduit). The updates reflect recent amendments to each Conduit’s liquidity support.

For a more detailed explanation of how DBRS Morningstar rates asset-backed commercial paper transactions supported by Full Wrap Liquidity and Global Style Liquidity, please see the commentary titled “CIBC Adds Full Wrap Liquidity to its ABCP-Issuing Conduits” available at https://www.dbrsmorningstar.com/research/416409.

Notes:
The ratings reports are available at www.dbrsmorningstar.com.

For more information on any of the Conduits, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.

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