DBRS Discontinues CIT Canada Equipment Receivables ULC, Series 2012-1 Notes

DBRS Limited (DBRS) has today discontinued the rating of the CIT Canada Equipment Receivables ULC, Series 2012-1, Class A-2 Asset-Backed Notes and Series 2012-1, Class B Asset-Backed Notes, as they were fully repaid following the exercise of the Optional Prepayment Right by the issuer on January 20, 2016.

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