DBRS Publishes Two Updated Corporate Finance Methodologies

DBRS published updated versions of the following two methodologies (the Methodologies):

(1) “Rating Companies in the Oil and Gas and Oilfield Services Industries”
(2) “Rating Companies in the Mining Industry”

DBRS has conducted a periodic review of the Methodologies. These updates supersede the previous versions published in August 2018 and September 2018, respectively, and are effective as of August 22, 2019. DBRS deems the updates not to be material and has determined that no ratings are expected to change as a result of these updates.

As discussed in the press release for the “Rating Companies in the Capital Goods Dealership Industry” methodology dated May 10, 2019, DBRS is changing its corporate methodologies to an overlay format. The business risk assessment and financial risk assessment will now blend into a core assessment, which will then be adjusted, as needed, for industry-specific and general overlay factors to determine an issuer rating. For further details, please see the May 10, 2019, press release referred to above.

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

For more information on this methodology or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.