Methodology
Rating CLOs Backed by Loans to European SMEs (Archived)
Structured CreditAvailable Documents
Related Documents
Press Release:
- DBRS Confirms Rating on BCC SME Finance 1 S.r.l.
- DBRS Takes Rating Actions on CaixaBank PYMES 8, FT
- DBRS Takes Rating Actions on FTA PYMES Santander 9
- DBRS Takes Rating Actions on Siena PMI 2015 S.r.l.
- DBRS Takes Rating Actions on Siena PMI 2016 S.r.l.
- DBRS Finalises Ratings of IM BCC Cajamar PYME 2, FT
- DBRS Takes Rating Actions on IM Sabadell PYME 10, FT
- DBRS Assigns Final Ratings to IM SABADELL PYME, 11 FT
- DBRS Assigns Ratings to 2017 Popolare Bari SME S.r.l.
- DBRS Confirms Rating on Valsabbina SPV 1 S.r.l. (SME)
- DBRS Confirms and Upgrades IM CAJAMAR EMPRESAS 5, FTA
- DBRS Upgrades Banco Sabadell S.A. Covered Bonds to AAA
- DBRS Upgrades Bankia S.A. Cédulas Hipotecarias to AAA
- DBRS Confirms Banco Pastor Cédulas Hipotecarias at AAA
- DBRS Confirms Ratings on BPL Mortgages S.r.l., Series V
- DBRS Assigns Provisional Ratings to CaixaBank PYMES 9, FT
- DBRS Assigns Provisional Ratings to FT PYMES SANTANDER 13
- DBRS Assigns Provisional Ratings to IM SABADELL PYME, 11 FT
- DBRS Assigns Provisional Ratings to SME Grecale 2017 S.r.l.
- DBRS Finalises Provisional Ratings of CaixaBank PYMES 9, FT
- DBRS Finalises Provisional Ratings on FT PYMES SANTANDER 13
- DBRS Upgrades Ratings on Notes Issued by Alchera SPV S.r.l.
- DBRS Assigns Provisional Ratings to IM BCC Cajamar PYME 2, FT
- DBRS Finalises Provisional Ratings on SME Grecale 2017 S.r.l.
- DBRS Confirms A (high) Ratings on Cajamar Cédulas Hipotecarias
- DBRS Confirms A (high) Ratings on Cajamar Cédulas Hipotecarias
- DBRS Confirms A (high) Rating on Liberbank Cédulas Hipotecarias
- DBRS Confirms Ratings on IM Grupo Banco Popular Empresas VII, FT
- DBRS Confirms Banco Popular Español Cédulas Hipotecarias at AAA
- DBRS Confirms Ratings on Abanca Cédulas Hipotecarias at A (high)
- DBRS Confirms Ratings on Class A and Class B Notes of Bumper 7 S.A.
- DBRS Assigns Two New AA Ratings to Banco Sabadell S.A. Covered Bonds
- DBRS Confirms Rating on Caja Rural de Granada Covered Bond Programme
- DBRS Discontinues Rating on Series A Notes of FTA PYMES SANTANDER 10
- DBRS Takes Rating Actions on BBVA Empresas 4 FTA and BBVA-10 PYME FT
- DBRS Confirms Rating on Class A Notes Issued by Asti Group PMI S.r.l.
- DBRS Confirms Rating on Class A Notes Issued by Rosenkavalier 2015 UG
- DBRS Discontinues Ratings on the Notes Issued by FT PYMES Santander 12
- DBRS Upgrades Rating on Class A Notes Issued by Carismi Finance S.r.l.
- DBRS Confirms Geldilux-TS-2015 S.A. Following Transaction Restructuring
- DBRS Confirms Rating on Class A Notes Issued by Abruzzo SME 2015 S.r.l.
- DBRS Confirms Rating on Class A Notes Issued by Lanterna Finance S.r.l.
- DBRS Upgrades Rating on Class A Notes Issued by Abruzzo SME 2015 S.r.l.
- DBRS Assigns Provisional Ratings to PCL Funding III PLC, Series 2017-2 Notes
- DBRS Discontinues Rating on Class B Notes Issued by Siena PMI 2015 S.r.l.
- DBRS Upgrades Ratings on Notes Issued by BPL Mortgages S.r.l., Series VII
- DBRS Discontinues Rating on Class A Notes Issued by Carismi Finance S.r.l.
- DBRS Discontinues Rating on Class A1 Notes Issued by Siena PMI 2016 S.r.l.
- DBRS Finalizes Provisional Ratings on PCL Funding III PLC, Series 2017-2 Notes
- DBRS Assigns AA (high) Rating to CaixaBank S.A. Covered Bonds New Issuances
- DBRS Assigns AA (high) Rating to CaixaBank, S.A. Covered Bonds New Issuance
- DBRS Assigns AA (high) Rating to CaixaBank S.A. Covered Bonds New Issuances
- DBRS Assigns A (high) Rating to Liberbank Cédulas Hipotecarias New Issuance
- DBRS Assigns AA (high) Ratings to CaixaBank, S.A. Covered Bonds New Issuance
- DBRS Confirms Class A and Class B Notes Issued by Bumper 9 (NL) Finance B.V.
- DBRS Takes Rating Actions on Siena PMI 2015 S.r.l. and Siena PMI 2016 S.r.l.
- DBRS Confirms Rating on Class A Notes Issued by Mercurius Funding N.V. / S.A.
- DBRS Discontinues Rating on Class A Notes Issued by Credico Finance 14 S.r.l.
- DBRS Upgrades Ratings on Class A and B Notes Issued by Claris SME 2015 S.r.l.
- DBRS Upgrades Ratings on Class A2 and Class B Notes Issued by Voba N.6 S.r.l.
- DBRS Upgrades Ratings on Class A2 and Class B Notes Issued by Voba N.6 S.r.l.
- DBRS Confirms Rating on Notes Issued by Weser Funding S.A. - Compartment No. 1
- DBRS Discontinues Rating on Class A2 Notes Issued by Credico Finance 15 S.r.l.
- DBRS Confirms Banco Popular Portugal S.A. Obrigações Hipotecárias at A (low)
- DBRS Publishes Updated Rating CLOs Backed by Loans to European SMEs Methodology
- DBRS Assigns A (high) Rating to Caja Rural de Granada Covered Bonds New Issuance
- DBRS Confirms Rating on Series 2012-2-A Notes Issued by Civitas SPV S.r.l. (SME)
- DBRS Upgrades Rating on Series 2012-2-A Notes Issued by Civitas SPV S.r.l. (SME)
- DBRS Confirms Class A1 and A2 Notes of Belgian Lion NV / SA (Belgian Lion SME II)
- DBRS Discontinues Ratings on Series B and C Notes Issued by FTA PYMES SANTANDER 6
- DBRS Takes Rating Actions on Class A and B Notes Issued by Claris SME 2015 S.r.l.
- DBRS Comments on PCL Funding I Limited’s Deed of Amendment, Accession and Transfer
- DBRS Discontinues Ratings on Series B and C Notes Issued by FTA PYMES SANTANDER 10
- DBRS Discontinues Ratings on Series B and C Notes Issued by FTA PYMES Santander 11
- DBRS Upgrades Ratings on the Notes Issued by SAGRES - STC, SA (Lusitano SME No. 3)
- DBRS Discontinues Rating on the Class A Notes Issued by BPM Securitisation 3 S.r.l.
- DBRS Confirms Rating on Lanterna Finance S.r.l., Following Transaction Restructuring
- DBRS Downgrades BPL Mortgages S.r.l., Series VII Following Transaction Restructuring
- DBRS Assigns Provisional Ratings to Small Business Origination Loan Trust 2018-1 DAC
- DBRS Discontinues Rating on Class B Notes Issued by Etruria Securitisation SPV S.r.l.
- DBRS Discontinues Ratings on Series A and B Notes Issued by IM BCC Cajamar PYME 1, FT
- DBRS Upgrades CaixaBank S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages) to AAA
- DBRS Finalises Provisional Ratings on Small Business Origination Loan Trust 2018-1 DAC
- DBRS Assigns AAA Rating to Banco Bilbao Vizcaya Argentaria S.A. Covered Bonds New Issuance
- DBRS Upgrades Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) to A (low)
- DBRS Confirms CaixaBank S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages) at AA (high)
- DBRS Confirms Rating on Notes Issued by Loan Invest NV/SA. Compartment SME Loan Invest 2017
- DBRS Discontinues Rating on Series A Notes Issued by IM Grupo Banco Popular Empresas VI, FTA
- DBRS Discontinues Rating on Series B Notes Issued by IM Grupo Banco Popular Empresas VI, FTA
- DBRS Upgrades Banco Popular Portugal S.A. Obrigações Hipotecárias to “A” from A (low)
- DBRS Confirms Rating on Mercurius Funding N.V. / S.A. Following the Transaction Restructuring
- DBRS Takes Rating Actions on BCC SME Finance 1 S.r.l. Following the Transaction Restructuring
- DBRS Upgrades Rating on Senior ETNs of Series 2012 Senior VFN, Issued by PCL Funding I Limited
- DBRS Confirms AA Ratings on Banco Sabadell S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages)
- DBRS Takes Rating Actions on CaixaBank PYMES 8, FT, Foncaixa PYMES 6, FT and Foncaixa PYMES 7, FT
- DBRS Confirms A (high) Ratings of Intesa Sanpaolo S.p.A. Covered Bonds Guaranteed by ISP OBG S.r.l
- DBRS Upgrades Santander Totta S.A. Obrigações Hipotecárias (BPP Programme) to A (high) from “A”
- DBRS Comments on PCL Funding I Limited Lowering Commitment Amount of Senior ETNs of Series 2012 Senior VFN
- DBRS Confirms Banco Bilbao Vizcaya Argentaria S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages) at AAA
- DBRS Upgrades Banco Bilbao Vizcaya Argentaria S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages) to AAA
- DBRS Assigns AA Rating to Banco Sabadell S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages) New Issuance
- DBRS Confirms “A” Ratings on Unione di Banche Italiane S.p.A. Covered Bonds (OBG - Mortgages - Programme 2)
- DBRS Confirms “A” Ratings on Unione di Banche Italiane S.p.A. Covered Bonds (OBG - Mortgages - Programme 2)
- DBRS Assigns Provisional Ratings to 12 Tranches of the Nightingale Securities 2017-1 Limited Financial Guarantee
- DBRS Assigns “A” Rating to Unione di Banche Italiane S.p.A. Covered Bonds (OBG - Mortgages - Programme 2), Series 6
- DBRS Confirms Rating on Class A Notes Issued by SAGRES - Sociedade de Titularização de Créditos, S.A. (DOURO SME No.2)
- DBRS Assigns A (high) Ratings to Intesa Sanpaolo S.p.A. Covered Bonds Guaranteed by ISP OBG S.r.l. Series 25 and Series 26
- DBRS Upgrades Rating on Class A Notes Issued by Sagres Sociedade de Titularização de Créditos, S.A. (Pelican SME No. 2)
- DBRS Assigns “A” Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 32
- DBRS Confirms BBB Ratings on Banca Carige S.p.A. Covered Bonds Programme 1, Maintains Under Review with Negative Implications Status
- DBRS Assigns A (low) Under Review with Negative Implications Rating to Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 2)
- DBRS Assigns “A” Ratings to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 30 and Series 31
- DBRS Downgrades Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) to BBB (high), Removes Under Review with Negative Implications Status
- DBRS Confirms BBB Ratings on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1) and Removes Under Review with Negative Implications Status
- DBRS Confirms A (high) Ratings of Banca Monte dei Paschi di Siena S.p.A. Covered Bonds Guaranteed by MPS Covered Bond S.r.l., Maintains Under Review with Negative Implications
- DBRS Confirms “A” Ratings of Banca Monte dei Paschi di Siena S.p.A. Covered Bonds 2 Guaranteed by MPS Covered Bond S.r.l. 2, Maintains Under Review with Negative Implications
- DBRS Confirms “A” Ratings of Banca Monte dei Paschi di Siena S.p.A. Covered Bonds 2 Guaranteed by MPS Covered Bond S.r.l. 2, Removes Under Review with Negative Implications Status
Contacts
Claire Mezzanotte
Group Managing Director, Global Head of Structured Finance Ratings - Credit Ratings Leadership
+(1) 212 806 3272
claire.mezzanotte@morningstar.com- Maria Lopez
Senior Vice President - European Structured Credit Ratings
+(34) 919 036 504
maria.lopez@morningstar.com - Christian Aufsatz
Managing Director - European Structured Finance Ratings
+(44) 20 7855 6664
christian.aufsatz@morningstar.com - Carlos Silva
Senior Vice President, Sector Lead - European Structured Credit Ratings
+(44) 20 7855 6604
carlos.silva@morningstar.com
More from Morningstar DBRS
Related Events
- 14March2025
- 19March2025Park Hyatt Milan, V. Tommaso Grossi, 1, 20121 Milano MI, Italy Credit Insights Milan
- 21March2025