DBRS Updates Transaction Summary 69 of SAFE Trust and SURE Trust

DBRS Limited (DBRS) released an updated Transaction Summary report providing the details of SAFE Trust and SURE Trust’s Transaction 69, which consists of a portfolio of fixed-rate and some floating-rate commercial loan and lease receivables secured by new and used small- and mid-ticket equipment. The update reflects an increase in the funding amount and an additional purchaser to the underlying program.

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The principal methodologies are Rating Canadian Equipment Finance Securitization Transactions (October 2016), Rating Canadian ABCP and Related Enhancement Features (July 2017), Legal Criteria for Canadian Structured Finance (July 2017) and Derivatives Criteria for Canadian Structured Finance (July 2017), which can be found on our website under Methodologies.