Merit Trust, Prime Trust, Zeus Receivables Trust, Banner Trust and Reliant Trust Transaction 70 Summary
DBRS Limited (DBRS Morningstar) released an updated Transaction Summary report that provides details on Transaction 70 of Merit Trust, Prime Trust, Zeus Receivables Trust, Banner Trust, and Reliant Trust, which is secured by a Collateral Note backed by a portfolio of automobile, sport-utility vehicle, and light-truck 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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