Trillium Credit Card Trust II: Presale Report
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Summary
DBRS Limited (DBRS Morningstar) assigned the following provisional ratings to Series 2023-1 and Series 2023-2 to be issued by Trillium Credit Card Trust II:
-- AAA (sf) to the Credit Card Receivables-Backed Floating Rate Class A Notes, Series 2023-1 (the Series 2023-1 Class A Notes)
-- A (sf) to the Credit Card Receivables-Backed Class B Notes, Series 2023-1 (the Series 2023-1 Class B Notes)
-- BBB (sf) to the Credit Card Receivables-Backed Class C Notes, Series 2023-1 (the Series 2023-1 Class C Notes)
-- AAA (sf) to the Credit Card Receivables-Backed Floating Rate Class A Notes, Series 2023-2 (the Series 2023-2 Class A Notes, collectively with the Series 2023-1 Class A Notes, the Class A Notes)
-- A (sf) to the Credit Card Receivables-Backed Class B Notes, Series 2023-2 (the Series 2023-2 Class B Notes, collectively with the Series 2023-1 Class B Notes, the Class B Notes)
-- BBB (sf) to the Credit Card Receivables-Backed Class C Notes, Series 2023-2 (the Series 2023-2 Class C Notes, collectively with the Series 2023-1 Class C Notes, the Class C Notes)