Credit Rating Report

Donlen Fleet Lease Funding 2 LLC, Series 2021-2: Rating Report

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Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following classes of notes (the Notes) to be issued by Donlen Fleet Lease Funding 2 LLC, Series 2021-2 (the Issuer):

-- $125,000,000 Class A-1 Notes at AAA (sf)
-- $764,000,000 Class A-2 Notes at AAA (sf)
-- $25,750,000 Class B Notes at AA (high) (sf)
-- $24,750,000 Class C Notes at A (high) (sf)
-- $24,250,000 Class D Notes at BBB (high) (sf)
-- $36,250,000 Class E Notes at BBB (sf)

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