DBRS Updates the Transaction Summary of Ridge Trust, Series A Notes, Transaction #12

As part of DBRS Limited’s (DBRS) ongoing efforts to increase the transparency of reporting asset-backed commercial paper (ABCP) conduit activity, DBRS has today released an updated Transaction Summary report providing details of Transaction #12, which is secured by new and used agricultural and construction equipment originated in Canada. The update reflects an extension of the revolving period of the program.

The applicable methodologies are Rating Canadian Equipment Finance Securitization Transactions, Legal Criteria for Canadian Structured Finance, Rating Canadian ABCP and Derivatives Criteria for Canadian Structured Finance, which can be found on our website under Methodologies.