DBRS Updates Prime Trust, Merit Trust, Banner Trust and Zeus Receivables Trust Transaction 79

DBRS Limited (DBRS) released an updated Transaction Summary report providing the details of Transaction 79 in Prime Trust, Merit Trust, Banner Trust and Zeus Receivables Trust, which consists of a portfolio of fixed-rate monthly, quarterly, semi-annual and annual pay lease and loan contracts secured by primarily new small and mid-ticket equipment. The update reflects an extension of the program by two years and an increase in the Program Limit to $750 million.

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

The principal methodologies are Rating Canadian Equipment Finance Securitization Transactions, 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 our website under Methodologies.

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