MCA Fund III Holding LLC: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized the following provisional ratings on the Class A, B, and C Notes (together, the Notes) issued by MCA Fund III Holding LLC pursuant to the MCA Fund III Indenture dated October 28, 2020, between MCA Fund III Holding LLC, as the Issuer, and Wells Fargo Bank, N.A. (rated AA with a Negative trend by DBRS Morningstar), as the Trustee and Calculation Agent:

-- Class A Notes at A (sf)
-- Class B Notes at BBB (sf)
-- Class C Notes at BB (sf)