Morningstar DBRS Updates Transaction Summary 83 of Lakeshore Trust

DBRS Limited (Morningstar DBRS) released an updated transaction summary report providing details of Lakeshore Trust’s Transaction 83, which consists of a portfolio of fixed- and floating-rate commercial loan and lease receivables secured by new and used small- and mid-ticket equipment. The update reflects an increase in the transaction credit enhancement among other things.

Notes:
The principal methodology applicable to the credit ratings is Rating Canadian Equipment Finance Securitization Transactions (October 22, 2023), https://dbrs.morningstar.com/research/422277.

The transaction summary is available at www.dbrs.morningstar.com.

For more information on this credit or on this industry, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.

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