DBRS Morningstar Publishes Updated Methodology for Rating European Consumer and Commercial Asset-Backed Securitisations

DBRS Morningstar published an updated version of its “Rating Consumer and Commercial Asset-Backed Securitisations” methodology (the Methodology) on 3 September 2020. DBRS Morningstar has conducted a periodic review of the Methodology.

No material changes to the Methodology were made. Accordingly, no ratings are expected to change as a result of this update.

This update supersedes the previous version published on 13 January 2020 and is effective as of 3 September 2020.

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

For more information on this methodology or on this industry, visit www.dbrsmorningstar.com or contact us at [email protected].

A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework and its methodologies can be found at: https://www.dbrsmorningstar.com/research/357792.

For more information regarding rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/357883.

For more information regarding structured finance rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/358308.