Last Mile Logistics Pan Euro Finance DAC: Rating Report

On 21 July 2021, DBRS Ratings GMBH (DBRS Morningstar) finalised its provisional ratings on the following classes of notes issued by Last Mile Logistics Pan Euro Finance DAC:

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

All trends are Stable.