Progress Warehouse Trust No.1 Ratings Affirmed On Three Note Classes

Stocks and Financial Services Press Releases Tuesday September 19, 2017 15:52
MELBOURNE--19 Sep--S&P Global Ratings

MELBOURNE (S&P Global Ratings) Sept. 19, 2017--S&P Global Ratings todayaffirmed its ratings on the class A2, class A3, and class B notes issued byPerpetual Trustee Co. Ltd. as trustee of the Progress Warehouse Trust No.1.

The affirmation follows our review of the transaction, including our analysisof the underlying pool of assets and our stressed cash-flow analysis.

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