DBRS Updates Transaction Summary #25 of Prime Trust

As part of its ongoing efforts to increase the transparency of reporting on asset-backed commercial paper conduit activity, DBRS Limited has today released an updated Transaction Summary report on Prime Trust that provides details of Transaction 25, which consists of a portfolio of primarily open-end lease receivables, financing corporate fleets of passenger cars, trucks and equipment. The update reflects an extension of the program commitment and a decrease in the program limit to $200 million from $220 million.

Notes:
All figures are in Canadian dollars unless otherwise noted.

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

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