DBRS Limited (DBRS Morningstar) confirmed the Short-Term ABN, Series 1, Class A Notes issued by Bay Street Funding Trust (the Trust) at R-1 (high) (sf). The rating confirmation is pursuant to the addition of a new transaction (Transaction 71) to the Trust on May 5, 2023.
DBRS Limited (DBRS Morningstar) released an updated Transaction Summary report that provides details on Transaction 60 of King Street Funding Trust and Bay Street Funding Trust, which is secured by a loan supported by a portfolio of rental contracts for primarily residential and some commercial water heaters; water treatment equipment; home standby generators; and heating, ventilation, and air conditioning equipment.
DBRS Limited (DBRS Morningstar) confirmed its ratings on the Short-Term ABN, Series 1, Class A Notes issued by Bay Street Funding Trust and the Asset-Backed CP Promissory Notes issued by King Street Funding Trust at R-1 (high) (sf). The rating confirmations are based on the addition of a new transaction to the Trusts on November 17, 2022.
DBRS Limited (DBRS Morningstar) confirmed its rating of R-1 (high) (sf) on the Short-Term ABN, Series 1, Class A Notes (the Notes) issued by Bay Street Funding Trust (the Trust) as part of its annual review of publicly rated, asset-backed commercial paper conduits. The rating confirmation is part of DBRS Morningstar’s continued effort to provide timely credit rating opinions and increased transparency to market participants.
DBRS Limited (DBRS Morningstar) released an updated transaction summary report providing details of Transaction 46 of Bay Street Funding Trust, which consists of a portfolio of program and nonprogram rental vehicles. This update is part of DBRS Morningstar’s ongoing efforts to increase the transparency of reporting on asset-backed commercial paper conduit activity.
DBRS Limited (DBRS Morningstar) released an updated Transaction Summary report that provides details on Transaction 60 of King Street Funding Trust and Bay Street Funding Trust, which is secured by a loan supported by a portfolio of rental contracts for primarily residential and some commercial water heaters; water treatment equipment; and heating, ventilation, and air conditioning equipment. The update reflects several amendments made to the program, some of which include an extension of the pr...
DBRS Limited (DBRS Morningstar) 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 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.
DBRS Limited (DBRS Morningstar) released an updated transaction summary report that provides details on Transaction 60 of Bay Street Funding Trust, which is secured by a portfolio of mostly open-ended lease receivables, financing fleets of cars, trucks and equipment. The update reflects a change made to the program limit.
DBRS Limited (DBRS Morningstar) confirmed the rating of R-1 (high) (sf) on the Short-Term ABN, Series 1, Class A Notes (the Notes) issued by Bay Street Funding Trust (the Trust) as part of its annual review of publicly rated, asset-backed commercial paper conduits. The rating confirmation is part of DBRS Morningstar’s continued effort to provide timely credit rating opinions and increased transparency to market participants.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.