DBRS Confirms Ridge Trust at R-1 (high) (sf)

DBRS has today confirmed the Series A Notes of Ridge Trust at R-1 (high) (sf). The rating confirmation is based on amendments made to Transaction 9 on March 13, 2012.

As part of DBRS’s ongoing efforts to increase the transparency of reporting asset-backed commercial paper conduit activity, DBRS has released an updated Transaction Summary, which provides information on a temporary increase in the facility limit for Transaction 9.

Notes:
The applicable methodologies are Rating Canadian Equipment Finance Securitization, Legal Criteria for Canadian Structured Finance, Rating Canadian ABCP and Swap Criteria for Canadian Structured Finance Transactions, which can be found on our website under Methodologies.