Questions & Issues Arising from Rating Agency Presentations

Final Report
Prepared by:
Aon Structured Finance Services
August 2000

Results of Rating Agency presentations regarding
"Assessing Canadian Rating Agency Requirements for inclusion of CSBFA Guaranteed Leases in Securitization Vehicles"

Table of Contents

•  Introduction
   
•  Rating Agency Issues and Courses of Action
  •  Lack of Historical Data
  •  Possible Restrictions on Payments to the Special Purpose Entity
  •  Miscellaneous
  
  
•  Summary
   
•  Recommendations