DBRS Updates Transaction Summary 55 of SAFE Trust, SOUND Trust, SURE Trust and STABLE Trust

DBRS Limited (DBRS) released an updated Transaction Summary report providing the details of SAFE Trust’s, SOUND Trust’s, SURE Trust’s and STABLE Trust’s Transaction 55, which consists of fixed-rate lease and loan contracts secured by small and mid-ticket equipment. The update reflects an increase in the program limit of up to $1.75 billion with the ability to increase further to $2.00 billion.

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 dbrs.com under Methodologies.

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