DBRS Discontinues CNH Capital Canada Receivables Trust, Series 2006-1, Class VPN-3 and Class B

DBRS has today discontinued the rating of the Floating Rate Class VPN-3 Receivable-Backed Notes, Series 2006-1 and the Class B Receivable-Backed Notes, Series 2006-1 (together, the Notes) issued by CNH Capital Canada Receivables Trust as the Notes were fully repaid as of June 15, 2010.

Note:
The applicable methodology is Rating Canadian Equipment Finance Securitization, which can be found on our website under methodologies.

This is a Structured Finance rating.