Rating Report
Sparkasse zu Lübeck AG Covered Bonds (Pfandbriefe - Mortgages): Surveillance Report
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Summary
DBRS Ratings GmbH (DBRS Morningstar) confirmed its AAA rating on the Series 1 Pfandbriefe (the German legislative covered bonds) issued under the Sparkasse zu Lübeck AG (SKL or the Issuer) Mortgage Pfandbrief programme (SKL CB or the Programme). The confirmation follows the completion of a full review of the Programme.
Contacts
Tomas Rodriguez-Vigil Junco
Vice President - European RMBS & Covered Bond Ratings
+(34) 919 036 513
tomas.rodriguez-vigiljunco@morningstar.com- Roger Bickert
Vice President - European RMBS & Covered Bond Ratings
+(44) 20 3356 1518
roger.bickert@morningstar.com - Ketan Thaker
Managing Director - European RMBS & Covered Bond Ratings
+(44) 20 3356 1525
ketan.thaker@morningstar.com