DBRS Updates its Rating Public-Private Partnerships Methodology with New TIFIA Loans Approach

DBRS has today updated its “Rating Public-Private Partnerships” methodology. The only change to the methodology is the incorporation of an appendix outlining the approach followed by DBRS when rating loans originated under the U.S. Transportation Infrastructure Finance and Innovation Act (TIFIA) program in support of eligible transportation projects. No rating was affected by this material change to the methodology.

The new approach is also described in a DBRS commentary released on September 3, 2014, entitled “DBRS’s Approach to Rating TIFIA Loans.”

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