BSPRT 2021-FL6 Issuer, Ltd.: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following classes of notes issued by BSPRT 2021-FL6 Issuer, Ltd. (the Issuer):

-- Class A at AAA (sf)
-- Class A-S at AAA (sf)
-- Class B at AA (low) (sf)
-- Class C at A (low) (sf)
-- Class D at BBB (sf)
-- Class E at BBB (low) (sf)
-- Class F at BB (high) (sf)
-- Class G at BB (low) (sf)
-- Class H at B (low) (sf)

The Issuer elected to make certain changes to the non-offered Class G certificate after DBRS Morningstar assigned a provisional rating of BB (sf). The resulting finalized provisional rating DBRS Morningstar assigned to the non-offered Classes G certificate in light of the changes was BB (low) (sf).

All trends are Stable.