DBRS Confirms CIT Equipment Trust VFC Series CBK1

DBRS, Inc. (DBRS) conducted a review of the CIT Equipment Trust VFC Series CBK1 ABS transaction and has today confirmed the rating of the transaction’s Senior Certificates at AAA (sf), as existing credit enhancement levels provide sufficient support to withstand DBRS expected losses.

Notes:
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.