Fastnet Securities 16 DAC: Rating Report

on 21 July 2021, DBRS Ratings GmbH (DBRS Morningstar) assigned ratings to the following classes of notes issued by Fastnet Securities 16 DAC (Fastnet 16 or the Issuer):

-- Class A1 notes at AAA (sf)
-- Class A2 notes at AAA (sf)
-- Class A3 notes at AAA (sf)
-- Class B notes at AA (high) (sf)
-- Class C notes at A (sf)
-- Class D notes at BBB (sf)
-- Class E notes at BB (high) (sf)