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New Issue: Dowson 2022-2 PLC

S&P Global Ratings assigned its credit ratings to Dowson 2022-2 PLC's asset-backed floating-rate class A Loan Notes and class A, B, C, D, E, F-Dfrd, and X-Dfrd notes. The class X-Dfrd notes are excess spread notes. The proceeds from the class X-Dfrd notes is used to fund the initial required cash reserves, the premium portion of the purchase price, and pay certain issuer expenses and fees.