DBRS Morningstar Publishes Updated Methodologies for Rating CLOs and CDOs of Large Corporate Credit and Cash Flow Assumptions for Corporate Credit Securitizations

DBRS Morningstar published updated versions of its “Rating CLOs and CDOs of Large Corporate Credit” and “Cash Flow Assumptions for Corporate Credit Securitizations” methodologies (the Methodologies).

DBRS Morningstar has conducted a periodic review of the Methodologies.

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 February 20, 2019, and are effective as of February 28, 2020.

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

For more information on these methodologies or on this industry, visit www.dbrs.com or contact us at [email protected].