DBRS Releases Methodology: Rating Captive Finance Companies

DBRS has today released its updated methodology for rating captive finance companies (CFP). Where applicable, this methodology addresses the impact that a parent company has on the rating for its CFP; why CFP ratings are typically very close to their parent company; and situations under which CFP ratings could differ from the parent, and to what degree.

This methodology release has no impact on any presently outstanding DBRS ratings.