DBRS Updates Transaction Summary 11 in Canadian Master Trust

DBRS Limited (DBRS) released an updated Transaction Summary report providing details of Transaction 11 in Canadian Master Trust, which consists of a portfolio of program and non-program rental vehicles, as part of DBRS’s ongoing efforts to increase the transparency of its reporting on asset-backed commercial paper conduit activity. The update reflects the extension of the program commitment by one year and a change to the credit enhancement.

Notes:
The principal methodologies are Rating Canadian Rental Car Fleet Securitizations and Rating Canadian ABCP and Related Enhancement Features, which can be found on dbrs.com under Methodologies.

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