DBRS Publishes Three Updated Corporate Finance Methodologies

DBRS has today published three updated corporate finance methodologies as follows:

(1) Rating Companies in the Electric, Natural Gas and Water Utility Industry;
(2) Rating Pipeline and Diversified Energy Companies; and
(3) Rating Companies in the Non-Regulated Electric Generation Industry.

The first methodology above now includes the water utility industry. The industry risk ratings (or IRRs) for these industries are A, A and BBB, respectively. While each methodology has been revised for greater clarity, the changes overall are not substantive and there were no rating changes or rating actions caused by the publication of these methodologies.

DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.

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