DBRS Updates Transaction Summary 61 in SOUND and SURE Trusts

DBRS Limited (DBRS) released an updated Transaction Summary report providing the details of SOUND Trust and SURE Trust’s Transaction 61, which is secured by a Collateral Note backed by 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 a one-year extension of the program.

Notes:
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.

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