DBRS Confirms Rating on CIT Equipment Trust VFC Series IV

DBRS, Inc. (DBRS) has confirmed the Class A of the CIT Equipment Trust VFC Series IV transaction at AAA (sf). The collateral supporting the transaction is performing within DBRS expectations and available credit enhancement is sufficient to cover DBRS expected losses.

Notes:
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.