Moody’s Investors Service, (“Moody’s”) has upgraded five classes of notes issued by SCF Equipment Leasing 2019-1 LLC and SCF Equipment Leasing Canada 2019 Limited Partnership (SCF 2019-1). The transaction is backed by equipment loans and leases and owner-occupied commercial real estate loans.

The complete rating actions are as follows:

Issuer: SCF Equipment Leasing 2019-1 LLC/SCF Equipment Leasing Canada 2019 Limited Partnership

Class B Notes, Upgraded to Aaa (sf); previously on Jan 30, 2020 Upgraded to Aa1 (sf)

Class C Notes, Upgraded to Aa1 (sf); previously on Aug 31, 2020 Confirmed at A3 (sf)

Class D Notes, Upgraded to A2 (sf); previously on Aug 31, 2020 Confirmed at Baa3 (sf)

Class E Notes, Upgraded to Baa3 (sf); previously on Aug 31, 2020 Confirmed at Ba1 (sf)

Class F Notes, Upgraded to B1 (sf); previously on Aug 31, 2020 Confirmed at B2 (sf)

Click here to read more: Research: Rating Action: Moody’s upgrades notes issued by SCF Equipment Leasing 2019-1 LLC – SCF Equipment Leasing Canada 2019 Limited Partnership – Moody’s