Bay Street Funding Trust, Short-Term ABN, Series 1, Class A Notes and King Street Funding Trust, Asset-Backed CP Promissory Notes, Transaction 49

DBRS Limited (DBRS Morningstar) released an updated Transaction Summary report that provides details on Transaction 49 of Bay Street Funding Trust and King Street Funding 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.