DBRS Limited (DBRS Morningstar) confirmed the rating on the Series A Notes issued by Ridge Trust at R-1 (high) (sf) as part of its annual review of publicly rated asset-backed commercial paper conduits. The 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 that provides details on Transaction 30 of Ridge 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 the Series A Notes issued by Canadian Master Trust (CMT) and Series A Notes issued by Ridge Trust at R-1 (high) (sf). The rating confirmations are pursuant to the addition of a new transaction (Transaction 34 to CMT and Transaction 32 to Ridge) on July 18, 2022.
DBRS Limited (DBRS Morningstar) released an updated Transaction Summary report that provides details on Transaction 30 of Ridge 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 program by one year, an increase in the progr...
DBRS Limited (DBRS Morningstar) confirmed the rating of the Series A Notes issued by Ridge Trust at R-1 (high) (sf) as part of its annual review of publicly rated asset-backed commercial paper conduits. The 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 that provides details on Transaction 30 of Ridge 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 a number of amendments to the program including the ability to fund assets originated by an Affiliate of the Seller and adjustm...
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