DBRS Updates Transaction Summary 25 of Zeus Receivables Trust

DBRS Limited (DBRS) released an updated Transaction Summary report on Zeus Receivables Trust that provides details on Transaction 25, which consists of a portfolio of primarily open-end lease receivables, financing corporate fleets of passenger cars, trucks and equipment, as part of its ongoing efforts to increase the transparency of reporting on asset-backed commercial paper conduit activity. The update reflects several amendments to the program, including a two-year extension of the program commitment and an increase in the program limit to $200 million from $180 million.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The principal methodologies are Rating Canadian Auto Fleet Lease Transactions, Rating Canadian ABCP and Relatd Enhancement Feaures, 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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