Morningstar DBRS Releases an Updated Transaction Summary 49 for Bay Street Funding Trust and King Street Funding Trust
ABCPMorningstar DBRS released an updated transaction summary report that provides details on Transaction 49 of Bay Street Funding Trust and King Street Funding Trust, which is secured by a Collateral Note backed by a portfolio of sport-utility vehicle, light truck, and automobile retail auto leases originated by a captive auto finance company operating in Canada. The update reflects a one-year extension of the program and a change to available credit enhancement.
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The transaction summary is available at dbrs.morningstar.com.
For more information on this credit or this industry, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.
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