DBRS Updates Transaction Summary 21 for Canadian Master Trust
ABCPDBRS Limited (DBRS) updated the transaction summary report providing details on Transaction 21 of Canadian Master Trust, which is secured by a portfolio of primarily open-end lease receivables, financing fleets of individual cars, trucks and equipment, as part of its ongoing efforts to increase the transparency of its reporting on asset-backed commercial paper conduit activity. The update reflects a one-year extension of the program and an increase to the program limit.
Notes:
The principal methodologies are Rating Canadian Auto Fleet Lease Transactions (October 2018) and Rating Canadian ABCP and Related Enhancement Features (March 2019), which can be found on dbrs.com under Methodologies & Criteria.
The full report providing additional analytical detail is available by clicking on the link under Related Documents below or by contacting us at info@dbrs.com.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
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