DBRS Morningstar Publishes Updated Methodology for Rating U.S. Auto Fleet Lease Securitizations

DBRS Morningstar published an updated version of Rating U.S. Auto Fleet Lease Securitizations (the Methodology).

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 September 27, 2018, and is effective as of September 23, 2020.

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