DBRS Publishes Updated Methodology for Rating U.S. Rental Car Securitizations

DBRS, Inc. (DBRS) published an updated methodology entitled “Rating U.S. Rental Car Securitizations.”

This update supersedes the previous version published in November 2015 and reflects the reclassification of the DBRS Unified Interest Rate Model from a predictive model to an analytical tool as disclosed in the “Interest Rate Stresses for U.S. Structured Finance Transactions” methodology and general editorial changes. DBRS also updated the Scope and Limitations section in the methodology.

DBRS deems the above-described updates to the methodologies not to be material and has determined that no ratings are or will be changed because of these updates.

Notes:
DBRS criteria and methodologies are publicly available on its website www.dbrs.com under Methodologies.

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