Press Release

DBRS Discontinues Rating of SMART Trust Senior Short-Term Asset-Backed Notes, Series 1996-1

ABCP
August 14, 2012

DBRS has today discontinued the rating of the Senior Short-Term Asset-Backed Notes, Series 1996-1 (the Notes) issued by SMART Trust at the request of its Securitization Agent, as the Notes have been fully repaid.

Note:
The applicable methodologies are Rating Canadian ABCP and Legal Criteria for Canadian Structured Finance, which are available on our website under Methodologies.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.