DBRS Confirms Zeus Receivables Trust at R-1 (high) (sf)

DBRS has confirmed the Senior Short-Term Asset-Backed Notes of Zeus Receivables Trust at R-1 (high) (sf). The rating confirmation is based on the addition of a new transaction (Transaction 65) to the conduit on August 31, 2012.

As part of DBRS’s ongoing efforts to increase the transparency of reporting asset-backed commercial paper (ABCP) conduit activity, DBRS has today released a transaction summary report providing details of Transaction 65, which consists of a portfolio of fixed-rate retail loan contracts secured by new and used motorcycles.

Notes:
The applicable methodologies are Rating Canadian Structured Finance 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.