Plaza Trust, Series 1 Asset-Backed Commercial Paper Notes, Transaction 88
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Summary
DBRS Limited (DBRS Morningstar) 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.