DBRS Updates King Street Funding Trust, Transaction Summary 50

DBRS Limited (DBRS) released an updated Transaction Summary report that provides details on Transaction 50 of King Street Funding 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.

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