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

DBRS has 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 June 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 the temporary facility limit for Transaction 9, which has been extended to the maturity date 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, which can be found on our website under Methodologies.