DBRS Morningstar Publishes Updated Methodology for Rating Canadian Trade Receivables Securitization Transactions

DBRS Morningstar Credit Ratings (DBRS Morningstar) published an updated version of “Rating Canadian Trade Receivables Securitization Transactions” (the Methodology).

DBRS Morningstar has conducted a periodic review of the Methodology. This update supersedes the previous version published on November 15, 2018, and is effective as of November 11, 2019. DBRS Morningstar deems the update not to be material and has determined that no ratings are expected to change as a result of this update.

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].