DBRS Assigns BBB (low) (sf) Rating to NL LP, 2015-A Class B Note

DBRS Limited (DBRS) has assigned a rating of BBB (low) (sf) to the NL LP, 2015-A Class B Note (the Note). The Note is supported by a portfolio of receivables secured by small and mid-ticket equipment. The rating is assigned at the request of the owner of the Note for regulatory purposes.

Notes:
The applicable methodologies are Rating Canadian Equipment Finance Securitization, Legal Criteria for Canadian Structured Finance and Derivatives Criteria for Canadian Structured Finance, which can be found on our website under Methodologies.