Press Release

DBRS Releases Six Updated Methodologies Providing Insight into DBRS Rating Process

Banking Organizations, Telecom/Media/Technology
April 05, 2011

DBRS has today released six updated methodologies for rating companies in the following industries: newspaper and magazine publishing; printing; Canadian provincial credit union centrals and related entities; communications; radio broadcasting; and television broadcasting.

The publication of these methodologies is part of an undertaking to update all of DBRS’s corporate methodologies in the coming months. The purpose of this plan is to provide market participants with additional insight into the rationale behind DBRS’s rating opinions in a transparent fashion and, as such, rating changes due specifically to the updated methodologies are not expected.

In addition to general business and financial risk considerations, the methodologies review a number of industry-specific rating considerations and outline key financial metrics used in DBRS analysis of individual entities within each sector.

DBRS has taken no rating actions as a result of the updated methodologies.

The methodologies providing DBRS’s processes and criteria are available by contacting us at info@dbrs.com.