VCL Multi-Compartment S.A., acting for and on behalf of its Compartment VCL 37: Rating Report

DBRS Ratings GmbH (DBRS Morningstar) finalised its provisional ratings on the Class A Notes and Class B Notes issued by VCL Multi-Compartment S.A., acting for and on behalf of its Compartment VCL 37 (the Issuer). The Issuer is a public limited company incorporated under the laws of Luxembourg, and is governed by Luxembourg securitisation law, acting as a special-purpose entity specifically for the purpose of this transaction.