DBRS Morningstar Publishes Updated Methodology for Rating U.S. ABCP Conduits

DBRS Morningstar published an updated version of “Rating and Monitoring Asset-Backed Commercial Paper: U.S. ABCP Conduits” (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 February 5, 2020, and is effective as of January 21, 2021.

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].