Presale Report

Ares Lusitani - STC, S.A. (Pelican Finance No. 2): Presale Report

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Summary

DBRS Ratings GmbH (DBRS Morningstar) assigned provisional ratings to the Class A, Class B, Class C, and Class D Notes (together with the unrated Class E and Class X Notes, the Notes) to be issued by Ares Lusitani – STC, S.A. (Pelican Finance No. 2) as listed.

Available Documents