Press Release

DBRS Adds Summary Appendix to Canadian Rental Car Securitizations Methodology

ABCP, Auto, RMBS
May 05, 2011

As part of its ongoing efforts to provide greater transparency in the marketplace, DBRS has today released its methodology for rating Canadian rental car securitizations that incorporates a new appendix with detailed tables summarizing the key points of the rating process. The purpose of the summary is to provide market participants with an easy-to-follow overview of the issues considered when analyzing a rental car transaction or criteria that form the rationale behind DBRS’s rating opinions.

There were no changes to the issues considered as part of the existing methodology.

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