Bay Street Funding Trust, Transaction #29 Summary
ABCPSummary
DBRS Limited (DBRS) released an updated transaction summary report that provides details on Transaction 29 of Bay Street Funding Trust, which is secured by a portfolio of short-term, non-interest-bearing trade receivables arising from the day-to-day operations of the Originator. The update reflects a program limit reduction from $100,000,000 to $50,000,000 and an increase in the credit enhancement floor.
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