DBRS Publishes Six Corporate Methodology Updates with Adjusted Format; No Rating Impact

DBRS has today updated six of its industry-specific corporate finance methodologies, using the new revised format that provides a more concise but still detailed insight into the approach that DBRS uses to rate corporate securities in each industry. DBRS will continue to update its other corporate finance methodologies in a similar manner in the future. Today’s methodology updates include the following:

(1) Rating Companies in the Airline Industry;
(2) Rating Companies in the Trucking Industry;
(3) Rating Companies in the Capital Goods Dealership Industry;
(4) Rating Companies in the Engineering and Construction Industry;
(5) Rating Companies in the Automotive Manufacturing Industry; and
(6) Rating Companies in the Automotive Supplier Industry.

There have been no rating changes or rating actions caused by today’s methodology updates or the revised corporate methodology format. Please refer to the June 18, 2013, press release “DBRS Publishes Five Corporate Methodology Updates with Adjusted Format; No Rating Impact” for details on the new format.