DBRS Updates Plaza Trust, Transaction Summary 88

DBRS Limited (DBRS) released an updated Transaction Summary report that provides details on Transaction 88 of Plaza Trust, which is secured by a Collateral Note backed by a portfolio of automobile, sport-utility vehicle and light truck retail auto leases originated by a captive auto finance company operating in Canada. The update reflects a one-year extension of the program and a change to available credit enhancement.

DBRS notes that the above press release was amended on March 11, 2019, to correct the transaction number. The amendment was minor and would not impact the understanding of the reader.

Notes:
The principal methodologies are Rating Canadian Auto Retail Loan and Lease Securitizations (October 2018) and Rating Canadian ABCP and Related Enhancement Features (March 2018), which can be found on dbrs.com under Methodologies & Criteria.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

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