DBRS Updates Transaction Summary of SAFE Trust, Senior Short-Term Asset-Backed Notes, Series 1996-1

DBRS Limited (DBRS) has today released an updated transaction summary report providing details of Transaction 56 in SAFE Trust. The collateral consists of dealer receivables originated by an auto finance company operating in Canada and is secured by an underlying pool of new and used vehicles. The update reflects an extension and increase of the transaction size.

Notes:
The applicable methodologies are Rating Canadian Wholesale Securitizations (October 2015), Rating Canadian ABCP and Related Enhancement Features (March 2016) and Legal Criteria for Canadian Structured Finance (July 2016), which can be found on our website under Methodologies.

The full report providing additional analytical detail is available by clicking on the link below or by contacting us at info@dbrs.com.