DBRS Updates the Transaction Summary of Canadian Master Trust, Series A Notes, Transaction 23

As part of DBRS Limited’s (DBRS) ongoing efforts to increase the transparency of reporting on asset-backed commercial paper (ABCP) conduit activity, DBRS has today released an updated Transaction Summary report providing details of Transaction 23, which is secured by a Collateral Note backed a portfolio of automobile, sport-utility vehicle and light truck retail auto leases originated by a captive auto finance company operating in Canada. The update reflects a temporary increase in the program limit.

The applicable methodologies are Rating Canadian Auto Retail Loan and Lease Securitizations, Rating Canadian ABCP, Legal Criteria for Canadian Structured Finance and Derivatives Criteria for Canadian Structured Finance, which can be found on our website under Methodologies.