DBRS Updates Transaction Summary 70 in Plaza Trust

DBRS Limited released an updated Transaction Summary report providing details of Transaction 70 in Plaza Trust, which consists of a portfolio of program and non-program rental vehicles, as part of DBRS’s ongoing efforts to increase the transparency of its reporting on asset-backed commercial paper conduit activity. The update reflects the extension of the program commitment by one year.

Notes:
The principal methodologies are Rating Canadian Rental Car Fleet 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.

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