Morningstar DBRS Updates Transaction Summary 36 of Ridge Trust
ABCPDBRS Limited (Morningstar DBRS) released an updated transaction summary report that provides details on Transaction 36 of Ridge Trust, which is secured by a portfolio of retail auto loan receivable contracts and related rights (the Portfolio of Loans). The Portfolio of Loans includes new and used passenger cars, sport-utility vehicles, and light trucks originated by a company operating in Canada. The update reflects a one-year extension of the program, an increase of the transaction size, and a change in concentration limits as well as available credit enhancement.
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The transaction summary is available at 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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