Rating Report

SAFE Trust, SOUND Trust, SURE Trust, and STABLE Trust, Transaction 80 Summary

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Summary

DBRS Limited (DBRS Morningstar) released an updated Transaction Summary report that provides details on Transaction 80 of SAFE Trust, SOUND Trust, SURE Trust, and STABLE Trust, which is secured by a loan supported by a portfolio of rental contracts for primarily residential and some commercial water heaters; water treatment equipment; and heating, ventilation, and air conditioning equipment. The update reflects a number of amendments to the program including the ability to fund assets originated by an Affiliate of the Seller and adjustments to the calculation of the required level of subordination.

Available Documents

SAFE Trust, SOUND Trust, SURE Trust, and STABLE Trust, Transaction 80 Summary

Dec 18, 2020