DBRS Morningstar Publishes Updated Rating European Trade Receivables Securitisation Transactions Methodology

DBRS Morningstar published an updated version of the “Rating European Trade Receivables Securitisation Transactions” methodology.

This latest version includes text describing how DBRS Morningstar analyses foreign currency exposure in European trade receivable securitisation transactions.

DBRS Morningstar has conducted a periodic review of “Rating European Trade Receivables Securitisation Transactions”. 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 11 November 2019 and is effective as of 9 November 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.