Storm King Funding and Pure Grove Funding, Transaction 511 Summary
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Summary
DBRS Limited (DBRS Morningstar) confirmed its ratings of R-1 (high) (sf) on the Storm King Funding, Series 1 Asset-Backed Commercial Paper Notes; Pure Grove Funding, Series 1 Asset-Backed Commercial Paper Notes, Class Oak and Pure Grove Funding, Series 1 Asset-Backed Commercial Paper Notes, Class Maple. The rating confirmations are based on the addition of a new transaction to the Trusts (Transaction 511) on June 22, 2023.