DBRS Updates Transaction Summary 65 of Banner Trust, Merit Trust, Prime Trust and Zeus Receivables Trust

DBRS Limited has today released an updated Transaction Summary on Banner Trust, Merit Trust, Prime Trust and Zeus Receivables Trust that provides details of Transaction 65, which consists of a portfolio of fixed-rate retail loan contracts secured by new and used motorcycles, as part of its ongoing efforts to increase the transparency of reporting asset-backed commercial paper conduit activity. The update reflects an extension of commitment, changes in the credit enhancement levels and a reduction of commitment limit to $220 million from $240 million.

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

The principal 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 dbrs.com under Methodologies.