Silver Arrow Merfina 2021-1 S.r.l.: Presale Report

On 17 November 2021, DBRS Ratings GmbH (DBRS Morningstar) assigned a provisional rating of AA (sf) to the Class A Notes to be issued by Silver Arrow Merfina 2021-1 S.r.l. (the Issuer). The Issuer is a special-purpose vehicle incorporated under Italian securitisation law.

DBRS Morningstar did not assign a provisional rating to the Class B Notes expected to be issued in this transaction.