Brignole CO 2021 S.r.l.: Rating Report

On 26 July 2021, DBRS Ratings GmbH (DBRS Morningstar) finalised its provisional ratings on the following classes of notes issued by Brignole CO 2021 S.r.l.:

-- Class A Notes at AAA (sf)
-- Class B Notes at AA (sf)
-- Class C Notes at A (sf)
-- Class D Notes at BBB (high) (sf)
-- Class E Notes at B (high) (sf)
-- Class X Notes at B (low) (sf)

DBRS Morningstar did not assign ratings to the Class F Notes or Class R Notes issued in this transaction.