DBRS Updates the Transaction Summary of Bay Street Funding Trust, Short-Term ABN, Series 1, Class A Notes, Transaction #46

DBRS Limited (DBRS) has today released an updated Transaction Summary report providing details of Bay Street Funding Trust, Short-Term ABN, Series 1, Class A Notes, Transaction 46, which consists of a portfolio of program and non-program rental vehicles. The update reflects the extension of the program commitment by one year. Today’s update is part of DBRS’s ongoing efforts to increase the transparency of its reporting on asset-backed commercial paper (ABCP) conduit activity.

Notes:
The applicable methodologies are Rating Canadian Rental Car Fleet 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.