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

DBRS Limited (DBRS) has today released an updated Transaction Summary report providing details of Transaction 23 in Canadian Master Trust, 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 amendments related to an extension of the program commitment, a permanent increase in the program limit and the ability to include leases with original terms of up to 60 months.

The applicable methodologies are Rating Canadian Auto Retail Loan and Lease Securitizations, 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.