DBRS Morningstar Publishes Updated Methodology for Rating U.S. Rental Car Securitizations

DBRS Morningstar published an updated version of Rating U.S. Rental Car Securitizations (September 18, 2020).

DBRS Morningstar has conducted a periodic review of Rating U.S. Rental Car Securitizations.

No material changes to the methodology were made. This update supersedes the previous version published on October 16, 2019, and is effective as of September 18, 2020. 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.dbrsmorningstar.com under Methodologies & Criteria.

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.

For more information regarding the structured finance rating approach and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/359905.

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