DBRS Updates Ridge Trust Transaction Summary 23

DBRS Limited (DBRS) updated the transaction summary report providing details of Transaction 23 of Ridge Trust, which consists of a portfolio of program and non-program rental vehicles, as part of its ongoing efforts to increase the transparency of its reporting on asset-backed commercial paper conduit activity. The update reflects an extension of the commitment termination date to March 2021.

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 & Criteria.

The full report providing additional analytical detail is available by clicking on the link under Related Documents below or by contacting us at info@dbrs.com.

DBRS Limited
DBRS Tower, 181 University Avenue, Suite 700
Toronto, ON M5H 3M7 Canada