Press Release

DBRS Morningstar Publishes Five Updated Canadian Structured Finance Methodologies

Auto, Equipment
October 11, 2019

DBRS Morningstar Credit Ratings (DBRS Morningstar) has conducted a periodic review of five Canadian structured finance methodologies as follows:

-- Rating Canadian Auto Retail Loan and Lease Securitizations,
-- Rating Canadian Auto Fleet Lease Transactions,
-- Rating Canadian Rental Car Fleet Securitizations,
-- Rating Canadian Equipment Finance Securitization Transactions and
-- Rating Canadian Wholesale Securitizations.

No material changes to the methodologies were made. Accordingly, no ratings are expected to change as a result of these updates.

These updates supersede the previous versions published on October 12, 2018, and are effective as of October 11, 2019.

Notes:
DBRS Morningstar 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 [email protected].