Rating Report

Clara Sec. S.r.l.: Rating Report

Consumer/Commercial Leases

Summary

DBRS Ratings GmbH (DBRS Morningstar) assigned a rating of A (high) (sf) to the Class A notes issued by Clara Sec S.r.l. (the Issuer). The rating of the Class A notes addresses the timely payment of scheduled interest and the ultimate repayment of principal by the legal final maturity date of October 2044.

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