Mulcair Securities No.2 DAC: Presale Report

Summary

DBRS Ratings GmbH (DBRS Morningstar) assigned the following provisional ratings to the notes to be issued by Mulcair Securities No. 2 DAC:

-- Class A rated AAA (sf)
-- Class B rated AA (sf)
-- Class C rated A (low) (sf)
-- Class D rated BBB (low) (sf)
-- Class E rated BB (sf)
-- Class F rated BB (low) (sf)

The Class Z notes also expected to be issued in the transaction are not rated by DBRS Morningstar.

Available Documents

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
18-Jun-21	Class A	AAA (sf)	--	Provis.-New	EU U
18-Jun-21	Class B	AA (sf)	--	Provis.-New	EU U
18-Jun-21	Class C	A (low) (sf)	--	Provis.-New	EU U
18-Jun-21	Class D	BBB (low) (sf)	--	Provis.-New	EU U
18-Jun-21	Class E	BB (sf)	--	Provis.-New	EU U
18-Jun-21	Class F	BB (low) (sf)	--	Provis.-New	EU U

More

Mulcair Securities No.2 DAC

Class A

Date Issued:Jun 18, 2021
Rating Action:Provis.-New
Ratings:AAA (sf)
Trend:--
Rating Recovery:
Issued:EUU

Class B

Date Issued:Jun 18, 2021
Rating Action:Provis.-New
Ratings:AA (sf)
Trend:--
Rating Recovery:
Issued:EUU

Class C

Date Issued:Jun 18, 2021
Rating Action:Provis.-New
Ratings:A (low) (sf)
Trend:--
Rating Recovery:
Issued:EUU

Class D

Date Issued:Jun 18, 2021
Rating Action:Provis.-New
Ratings:BBB (low) (sf)
Trend:--
Rating Recovery:
Issued:EUU

Class E

Date Issued:Jun 18, 2021
Rating Action:Provis.-New
Ratings:BB (sf)
Trend:--
Rating Recovery:
Issued:EUU

Class F

Date Issued:Jun 18, 2021
Rating Action:Provis.-New
Ratings:BB (low) (sf)
Trend:--
Rating Recovery:
Issued:EUU

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Mulcair Securities No.2 DAC: Presale Report

Summary

Available Documents