DBRS Updates SOUND Trust, Senior Short-Term Notes, Series 1998-1, Transaction Summary #54

DBRS Limited (DBRS) has today released an updated Transaction Summary providing details on SOUND Trust, Senior Short-Term Notes, Series 1998-1, Transaction #54 to reflect an extension of the commitment termination date of the program. This update is part of DBRS’s ongoing efforts to increase the transparency of reporting on asset-backed commercial paper (ABCP) conduit activity.

Notes:
The applicable methodologies are Rating Canadian Auto Fleet Lease Transactions, Legal Criteria for Canadian Structured Finance, Rating Canadian ABCP and Derivatives Criteria for Canadian Structured Finance, which can be found on our website under Methodologies.

The full report providing additional analytical detail is available by clicking on the link under Related Research at the right of the screen or by contacting us at info@dbrs.com.