Pure Grove Funding, Transaction 100 Summary
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DBRS Limited (DBRS Morningstar) updated Transaction Summary 100 of Pure Grove Funding (PGF). The update reflects an increase in the program limit and eligibility concentration limits. As part of DBRS Morningstar’s ongoing efforts to increase the transparency of reporting asset-backed commercial paper conduit activity, DBRS Morningstar released a transaction summary report providing details of Transaction 100, which consists of a portfolio of fixed-rate retail loan contracts secured by new and used automobiles, sport-utility vehicles, and light trucks.
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