Credit Rating Report

Prime Trust: Rating Report

ABCP

Summary

DBRS Morningstar released an updated rating report for Prime Trust (the Trust) after its conversion to a mortgage-only Asset-Backed Commercial Paper conduit on July 27, 2023. The Trust is a multi-seller, residential mortgage securitization program administered by TD Securities Inc. that issues Senior Short-Term Asset-Backed Notes rated R-1 (high) (sf) by DBRS Morningstar.

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