Credit Rating Report
VCL Master Residual Value S.A., acting with respect to its Compartment 2: Rating Report
AutoSummary
DBRS Ratings GmbH (Morningstar DBRS) assigned AAA (sf) credit ratings to the Series 2024-1, Class A Notes and Series 2024-2, Class A Notes, which were newly issued by VCL Master Residual Value S.A., acting with respect to its Compartment 2.
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Pascale Kallas
Assistant Vice President - European Structured Finance Ratings, Surveillance
+(49) 69 2713 77012
pascale.kallas@morningstar.com- Stefano Pruni
Senior Analyst - European Structured Finance Ratings, Surveillance
+(49) 69 8088 3694
stefano.pruni@morningstar.com - Anna Christy
Vice President - European Structured Finance Ratings, Operational Risk
+(44) 20 3356 1568
anna.christy@morningstar.com - Alfonso Candelas
Associate Managing Director - European Securitisation Surveillance & Rating Process
+(49) 69 8088 3512
alfonso.candelas@morningstar.com