Vineyard Road Investments (RF) Ltd - Vineyard Series Transaction 1

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Vineyard Road Investments (RF) Ltd Vineyard Series Transaction 1
  • Vineyard Road Investments (RF) Ltd - Vineyard Series Transaction 1
  • Year : Mar 2020
3 Tokens
USD 300.00
Summary

GCR Ratings affirmed the short-term programme rating assigned to the Class A Notes issued by Vineyard Road Investments (RF) Ltd under the Vineyard Road Series Transaction 1 .The Issuer may also issue unrated Class B Notes. To date, no Class B Notes or Guaranteed Notes have been issued by VRI.

The national scale ratings assigned to the Class A Notes relate to the timely payment of interest and timely payment of principal by the respective final maturity date of the Class A Notes. The rating excludes an assessment of the ability of the Issuer to pay either any early repayment or default interest rate penalties.

Additional Information

The rating accorded to the Class A Notes issued by VRI under VST1 is a national scale short-term programme rating.The rating is derived from the short-term and long-term credit ratings of FSR, ABL, NED, SBK and INL.

The ratings of the FSR, ABL, NED, SBK, INL and LGL are monitored by GCR. GCR performs regular surveillance on the Transaction.

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