DBRS Updates Transaction Summary 61 in SOUND and SURE Trusts

DBRS Limited (DBRS) released an updated Transaction Summary report providing details of Transaction 61 in SOUND Trust and SURE Trust, 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 temporary commitment level increase to $1,000,000,000 from $400,000,000.

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.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

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