DBRS Updates Plaza Trust, Transaction Summary 69
ABCPDBRS Limited (DBRS) released an updated Transaction Summary report that provides details on Transaction 69 of Plaza Trust, which consists of a portfolio of auto floorplan receivables originated by the seller, a bankruptcy-remote special-purpose entity created by a Canadian captive auto finance company. The update reflects an extension of the program commitment and a $25 million increase in the program limit.
Notes:
All figures are in Canadian dollars unless otherwise noted.
The principal methodology is Rating Canadian ABCP and Related Enhancement Features, 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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