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

DBRS has today confirmed the Series 1 Asset-Backed Commercial Paper Notes of Plaza Trust (the Trust) at R-1 (high) (sf). The rating confirmation is pursuant to the inclusion of a new transaction (Transaction 63) in the Trust on June 29, 2012.

As part of DBRS’s ongoing efforts to increase transparency of reporting asset-backed commercial paper (ABCP) conduit activity, DBRS has also released a transaction summary report providing details of Transaction 63, which consists of a portfolio of conventional and insured residential mortgages originated by a mortgage finance company operating in Canada.

Notes:
The applicable methodologies are Rating Canadian Residential Mortgage-Backed Securities (RMBS) Transactions, Rating Canadian ABCP, Legal Criteria for Canadian Structured Finance and Swap Criteria for Canadian Structured Finance Transactions, which can be found on our website under Methodologies.