Zeus Receivables Trust, Senior Short-Term Asset-Backed Notes, Transaction #25
DBRS Limited (DBRS Morningstar) released an updated Transaction Summary report that provides details on Transaction 25 of Zeus Receivables Trust, which consists of a portfolio of primarily open-ended lease receivables financing corporate fleets of passenger cars, trucks, and equipment. This update is part of DBRS Morningstar’s ongoing efforts to increase the transparency of reporting on asset-backed commercial paper conduit activity. The update reflects amendments to the program, including a two-year extension of the program commitment and a decrease to the program limit.
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