Morningstar DBRS Updates Transaction Summary 69 of SAFE Trust and SURE Trust

DBRS Limited (Morningstar DBRS) released an updated transaction summary report providing details of SAFE Trust and SURE Trust’s Transaction 69, 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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