Credit Rating Report

SAFE Trust, Transaction 82 Summary

ABCP

Summary

DBRS Limited (DBRS Morningstar) confirmed the rating on the Senior Short-Term Notes, Series 1996-1 issued by SAFE Trust (the Trust) at R-1 (high) (sf). The rating confirmation is pursuant to the inclusion of a new transaction (Transaction 82) to the Trust on May 29, 2020.

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