S&P Global Ratings has assigned credit ratings to Trinity Square 2021-1 PLC's class A, B-Dfrd, C-Dfrd, D-Dfrd, E-Dfrd, F-Dfrd, G-Dfrd, and X-Dfrd U.K. RMBS notes. At closing, Trinity Square 2021-1 also issued unrated classes H-Dfrd and Z notes.