Credit Rating Report

Fusion Trust, Series A, Class A Notes, Transaction 21 and Clarity Trust, Series A, Class A Notes, Transaction 4 Summary

ABCP

Summary

DBRS Limited (Morningstar DBRS) confirmed the ratings on the Series A, Class A Notes issued by Clarity Trust and the Series A, Class A Notes issued by Fusion Trust (collectively, the Trusts) at R 1 (high) (sf). The rating confirmations are pursuant to the inclusion of a new transaction (Transaction 4 of Clarity Trust and Transaction 21 of Fusion Trust) to the Trusts on November 29, 2024.

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