DBRS Publishes Film Rights Appendix to its DBRS Master U.S. ABS Surveillance Methodology

DBRS, Inc. (DBRS) has today published an appendix to its methodology entitled “DBRS Master U.S. ABS Surveillance Methodology” that addresses the surveillance of film rights asset-backed securities (ABS). The key performance metrics include the following:

-- Credit Enhancement
-- Revenues and Expenses
-- Valuations
-- Transaction Parties
-- Performance Triggers

This methodology appendix, effective as of the date of this press release, presents the criteria by which DBRS performs surveillance for film rights transactions. The methodology described in the appendix is consistent with the criteria generally used by DBRS to monitor film rights ABS transactions. Therefore, application of the methodology to existing DBRS-rated transactions will not result in any rating changes or other rating actions.

DBRS criteria and methodologies are publicly available on its website at http://www.dbrs.com/methodologies

For more information on ratings for equipment lease and loan securitizations, visit www.dbrs.com or contact us at info@dbrs.com.