Methodology
Rating CLOs and CDOs of Large Corporate Credit (Archived)
Structured CreditAvailable Documents
Related Documents
Press Release:
- DBRS Morningstar Confirms Ratings of FCC Surf
- DBRS Morningstar Confirms Ratings on PCL Funding IV PLC
- DBRS Morningstar Discontinues Rating on Voba N.6 S.r.l.
- DBRS Morningstar Confirms Rating on BBVA Leasing 2, F.T.
- DBRS Morningstar Confirms Ratings of FT PYMES Santander 15
- DBRS Morningstar Confirms Ratings on CaixaBank PYMES 8, FT
- DBRS Morningstar Confirms Rating on Lanterna Finance S.r.l.
- DBRS Morningstar Discontinues Rating on BBVA Empresas 4 FTA
- DBRS Morningstar Discontinues Ratings on Alchera SPV S.r.l.
- DBRS Morningstar Confirms Rating on BCC SME Finance 1 S.r.l.
- DBRS Morningstar Discontinues Ratings on PCL Funding III PLC
- DBRS Morningstar Assigns AA (sf) Rating to FCT Lafayette 2021
- DBRS Morningstar Confirms Rating on Credico Finance 18 S.r.l.
- DBRS Morningstar Confirms Rating on UBI SPV Lease 2016 S.r.l.
- DBRS Morningstar Discontinues Rating on Multi Lease AS S.r.l.
- DBRS Morningstar Upgrades Rating on Valsabbina SME SPV S.r.l.
- DBRS Morningstar Discontinues Rating on SME Grecale 2017 S.r.l.
- DBRS Morningstar Discontinues Ratings on FT PYMES Santander 13
- DBRS Morningstar Confirms Ratings on Notes Issued by Ambrose 2013-2
- DBRS Morningstar Confirms Ratings on Notes Issued by Ambrose 2013-3
- DBRS Morningstar Confirms Ratings on Notes Issued by Ambrose 2013-5
- DBRS Morningstar Confirms Ratings on Two Intesa SME Transactions
- DBRS Morningstar Discontinues Rating on Lanterna Finance S.r.l.
- DBRS Morningstar Upgrades Ratings on ICCREA SME CART 2016 S.r.l.
- DBRS Morningstar Confirms Rating on Mercurius Funding N.V. / S.A.
- DBRS Morningstar Discontinues Ratings on IM Sabadell PYME 10, FT
- DBRS Morningstar Assigns Ratings to Lanterna Finance S.r.l. (2021)
- DBRS Morningstar Discontinues Rating on Valsabbina SME SPV S.r.l.
- DBRS Morningstar Upgrades Ratings on 2019 Popolare Bari SME S.r.l.
- DBRS Morningstar Upgrades Ratings on Lanterna Finance S.r.l. (2020)
- DBRS Morningstar Confirms Ratings on Alhambra SME Funding 2019-1 DAC
- DBRS Morningstar Upgrades and Confirms Ratings on Alba 11 SPV S.r.l.
- DBRS Morningstar Assigns Provisional Ratings to BTC Holdings Fund II LLC
- DBRS Morningstar Confirms AAA Ratings of Caixabank S.A. Covered Bonds
- DBRS Morningstar Assigns Rating to Brightwood Fund III Static 2021-1, LLC
- DBRS Morningstar Discontinues Ratings on Notes Issued by TCP Rainier, LLC
- DBRS Morningstar Takes Rating Actions on Two Alba Leasing Transactions
- DBRS Morningstar Confirms Ratings on Manitoulin USD Ltd., Algonquin 2020-1
- DBRS Morningstar Finalizes Provisional Ratings on BTC Holdings Fund II LLC
- DBRS Morningstar Discontinues Ratings on Muskoka USD Limited 2017-2
- DBRS Morningstar Assigns Provisional Ratings to IM BCC Cajamar PYME 3 FT
- DBRS Morningstar Assigns Rating to Weser Funding S.A., Compartment No. 3
- DBRS Morningstar Discontinues Ratings on BPL Mortgages S.r.l., Series VII
- DBRS Morningstar Confirms Rating of Class A Notes Issued by CBAM 2018-5, Ltd.
- DBRS Morningstar Confirms AAA Ratings on Banco Sabadell S.A. Covered Bonds
- DBRS Morningstar Confirms Rating on Impresa TWO S.r.l. Following Amendment
- DBRS Morningstar Finalises Provisional Ratings of IM BCC Cajamar PYME 3 FT
- DBRS Morningstar Assigns Provisional Ratings to NCL Business Loan Trust 2022-1
- DBRS Morningstar Upgrades and Confirms Ratings on Quadrivio SME 2018 S.r.l.
- DBRS Morningstar Finalizes Provisional Rating on NCL Business Loan Trust 2022-1
- DBRS Morningstar Discontinues Ratings on Notes Issued by Ambrose 2012-1
- DBRS Morningstar Discontinues Ratings on Notes Issued by Ambrose 2013-2
- DBRS Morningstar Discontinues Ratings on Notes Issued by Ambrose 2013-3
- DBRS Morningstar Discontinues Ratings on Notes Issued by Ambrose 2013-4
- DBRS Morningstar Discontinues Ratings on Notes Issued by Ambrose 2014-6
- DBRS Morningstar Confirms A (high) Rating on Liberbank Cédulas Hipotecarias
- DBRS Morningstar Confirms Rating on Temese Funding 2 plc Following Amendment
- DBRS Morningstar Confirms Rating of Class A-1 Notes Issued by Ares XLVI CLO Ltd.
- DBRS Morningstar Confirms Rating on Class A Notes Issued by AIG CLO 2019-1, Ltd.
- DBRS Morningstar Confirms Rating on Rosenkavalier 2015 UG Following Amendment
- DBRS Morningstar Downgrades Rating on Magnolia BTV S.r.l. Following Amendment
- DBRS Morningstar Confirms Rating on Class A-1 Notes Issued by Ares XXXIR CLO Ltd.
- DBRS Morningstar Discontinues the Rating on Topco Holdings Ltd.’s Class A Notes
- DBRS Morningstar Discontinues Rating on Weser Funding S.A. - Compartment No. 1
- DBRS Morningstar Confirms AA Rating on Cajasur Banco S.A. Cédulas Hipotecarias
- DBRS Morningstar Confirms Rating on PCL Funding I Limited Following Restructure
- DBRS Morningstar Confirms Rating on the Class A-T Loans of BTC Holdings Fund I, LLC
- DBRS Morningstar Confirms Rating of Adriano Lease Sec. S.r.l. - Adriano Lease II
- DBRS Morningstar Assigns Provisional Ratings to Loans Issued by Whitney Funding, LLC
- DBRS Morningstar Confirms Rating on Class A Notes Issued by Asti Group PMI S.r.l.
- DBRS Morningstar Confirms Rating on Class A Notes Issued by Geldilux-TS-2015 S.A.
- DBRS Morningstar Confirms Rating on Valconca SPV S.r.l. (SME) Following Amendment
- DBRS Morningstar Confirms Ratings on Notes Issued by BlackRock DLF IX 2019-G CLO, LLC
- DBRS Morningstar Assigns Rating to the Notes Issued by Valsabbina SME 3 SPV S.r.l.
- DBRS Morningstar Downgrades Rating on FCT Bpifrance SME 2019-1 Following Amendment
- DBRS Morningstar Upgrades and Confirms Ratings on BPL Mortgages S.r.l., Series VII
- DBRS Morningstar Upgrades and Confirms Ratings on Two CaixaBank PYMES Transactions
- DBRS Morningstar Finalizes Provisional Ratings on Encina Equipment Finance 2021-1, LLC
- DBRS Morningstar Discontinues Rating on Class A2 Notes of Quadrivio SME 2018 S.r.l.
- DBRS Morningstar Discontinues Rating on Series A Notes of IM BCC Cajamar PYME 2, FT
- DBRS Morningstar Discontinues Ratings on Brightwood Fund III Static 2018-1, LLC
- DBRS Morningstar Confirms Ratings on the Loans Issued by Cerberus Onshore Levered IV LLC
- DBRS Morningstar Confirms A (high) Ratings on Cajamar Caja Rural S.C.C. Covered Bonds
- DBRS Morningstar Discontinues Rating on the Class C Notes Issued by Alba 8 SPV S.r.l.
- DBRS Morningstar Discontinues the Rating on the Loans of Cerberus ICQ Levered LLC
- DBRS Morningstar Assigns Provisional Ratings to PCL Funding V PLC, Series 2021-1 Notes
- DBRS Morningstar Discontinues Rating of the Class A2 Notes Issued by Alba 9 SPV S.r.l.
- DBRS Morningstar Assigns Provisional Ratings to Atalaya Equipment Leasing Trust 2021-1 LLC
- DBRS Morningstar Upgrades Ratings on Golden Bar (Securitisation) S.r.l. - Series 2016-1
- DBRS Morningstar Upgrades and Confirms Ratings on Siena PMI 2016 S.r.l. - Series 2-2019
- DBRS Morningstar Finalises Provisional Ratings on PCL Funding V PLC, Series 2021-1 Notes
- DBRS Morningstar Confirms Rating on Asti Group PMI S.r.l. Following Transaction Amendment
- DBRS Morningstar Confirms and Discontinues the Rating on Liberbank Cédulas Hipotecarias
- DBRS Morningstar Upgrades and Confirms Ratings on Notes Issued by CaixaBank PYMES 11, FT
- DBRS Morningstar Discontinues Rating on Series B Notes Issued by IM BCC Cajamar PYME 2, FT
- DBRS Morningstar Upgrades and Confirms Ratings on Notes Issued by Caixabank Leasings 3, FT
- DBRS Morningstar Confirms Rating on Notes Representing Advances to Cerberus SWC Levered II LLC
- DBRS Morningstar Finalizes Provisional Ratings on the Secured Notes Issued by VCP CLO II, Ltd.
- DBRS Morningstar Discontinues Its Rating on the Class A-1 Notes of AIG CLO 2018-1, Ltd
- DBRS Morningstar Confirms AAA Ratings of Banco Bilbao Vizcaya Argentaria S.A. Covered Bonds
- DBRS Morningstar Assigns Ratings to Class A Loans Issued by BTC Offshore Holdings Fund II-B LLC
- DBRS Morningstar Discontinues Its Rating on Class A Notes Issued by VCO CLO 2018-1, LLC
- DBRS Morningstar Discontinues Ratings on Brightwood Capital Offshore Fund IV SPV-3, LLC
- DBRS Morningstar Finalizes Its Provisional Ratings on Atalaya Equipment Leasing Trust 2021-1 LLC
- DBRS Morningstar Confirms Rating on Fanes S.r.l. – Series 2020-1 and Removes UR-Neg. Status
- DBRS Morningstar Discontinues Its Ratings on Peaks CLO 3, Ltd Class A-1 Notes and Class A-2 Notes
- DBRS Morningstar Confirms Rating on the Notes Representing the Advances to Cerberus ND Levered LLC
- DBRS Morningstar Assigns Rating to Class A-1 L Loans Issued by BlackRock Shasta Loan Trust VII, LLC
- DBRS Morningstar Discontinues Its Rating on Class A-1 Notes Issued by TCP Whitney CLO, Ltd.
- DBRS Morningstar Upgrades Sparkasse zu Lübeck AG Covered Bonds (Pfandbriefe - Mortgages) to AAA
- DBRS Morningstar Confirms Ratings on the Class A-1 Notes Issued by Portman Ridge Funding 2018-2 Ltd.
- DBRS Morningstar Assigns Provisional Ratings to the Secured Notes of BlackRock DLF IX CLO 2021-1, LLC
- DBRS Morningstar Assigns Provisional Ratings to the Secured Notes of BlackRock DLF IX CLO 2021-2, LLC
- DBRS Morningstar Assigns Ratings to the Class A-R Loans and Class A-T Loans of ABPCIC Funding III LLC
- DBRS Morningstar Confirms and Upgrades Provisional Ratings on Nightingale Securities 2017-1 Limited
- DBRS Morningstar Confirms Rating on the Class A-R Loans Issued by Brightwood Capital Fund IV SPV-4, LLC
- DBRS Morningstar Confirms Rating on the Class A-R Loans Issued by Brightwood Capital Fund IV SPV-4, LLC
- DBRS Morningstar Confirms and Upgrades Ratings on the Secured Notes of BlackRock DLF IX 2020-1 CLO, LLC
- DBRS Morningstar Confirms Ratings on Notes Issued by IM BCC Capital 1, FT and Removes UR-Neg. Status
- DBRS Morningstar Assigns AAA Rating to Banco Bilbao Vizcaya Argentaria S.A. Covered Bond New Issuance
- DBRS Morningstar Confirms Rating on the Class A-R Notes Issued by TIAA Churchill Middle Market CLO I Ltd.
- DBRS Morningstar Confirms Rating on abc SME Lease Germany S.A., acting in respect of its Compartment 7
- DBRS Morningstar Confirms Rating on Notes Issued by Loan Invest NV/SA. Compartment SME Loan Invest 2017
- DBRS Morningstar Confirms Rating on Notes Issued by Loan Invest NV/SA. Compartment SME Loan Invest 2020
- DBRS Morningstar Confirms Sparkasse zu Lübeck AG Covered Bonds (Pfandbriefe - Mortgages) Rating at AAA
- DBRS Morningstar Assigns Provisional Ratings to Certain Tranche Amounts of Kawartha CAD Ltd., Boreal 2021-1
- DBRS Morningstar Assigns A (high) Rating to Cajamar Caja Rural S.C.C. Mortgage Covered Bond New Issuance
- DBRS Morningstar Upgrades and Confirms Provisional Ratings on Colonnade Programme - Series Global 2018-5
- DBRS Morningstar Assigns Provisional Ratings to Bumper BE NV/SA, acting on behalf of its Compartment No. 1
- DBRS Morningstar Assigns Provisional Ratings to Sparkasse Holstein Covered Bonds (Pfandbriefe - Mortgages)
- DBRS Morningstar Confirms Rating on the Class A-R Loans Issued by Brightwood Capital Offshore Fund IV SPV-4, LLC
- DBRS Morningstar Confirms Ratings on the Loans of Cerberus FSBA Levered LLC, Discontinues EU and UK Endorsements
- DBRS Morningstar Confirms A (low) Rating on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 2)
- DBRS Morningstar Confirms Rating on the Class A-R Loans Issued by Brightwood Capital Offshore Fund IV SPV-4, LLC
- DBRS Morningstar Confirms Ratings on the Loans of Cerberus PSERS Levered LLC, Discontinues EU and UK Endorsements
- DBRS Morningstar Discontinues Its Rating on Class A-1 Notes Issued by ABPCI Direct Lending Fund CLO II Ltd
- DBRS Morningstar Confirms AA (low) Ratings on Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages)
- DBRS Morningstar Discontinues Its Rating on Class A-R Loans Issued by Brightwood Capital Fund IV SPV-4, LLC
- DBRS Morningstar Finalises Provisional AAA Ratings on Sparkasse Holstein Covered Bonds (Pfandbriefe - Mortgages)
- DBRS Morningstar Upgrades and Confirms Ratings on Weser Funding S.A. – Compartment No. 1 and Compartment No. 2
- DBRS Morningstar Confirms BBB (high) Ratings on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1)
- DBRS Morningstar Upgrades Ratings on Tagus - Sociedade de Titularização de Créditos, S.A. (Aqua Finance No. 4)
- DBRS Morningstar Confirms Ratings on the Loans of Cerberus Redwood Levered B LLC, Discontinues EU and UK Endorsements
- DBRS Morningstar Confirms BBB (high) Ratings of Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1)
- DBRS Morningstar Confirms Ratings on Belgian Lion NV/SA. Compartment Belgian Lion SME III and Removes UR-Neg. Status
- DBRS Morningstar Upgrades and Confirms Ratings on Notes Issued by IM Sabadell PYME 11, FT and Removes UR-Pos. Status
- DBRS Morningstar Confirms Ratings on the Class A-1 Notes and the Class A Loans Issued by Cerberus Loan Funding XXIV L.P.
- DBRS Morningstar Discontinues and Withdraws Rating of Bankia S.A. Covered Bonds (Cédulas Hipotecarias – Mortgages)
- DBRS Morningstar Discontinues the Ratings on the Class B-1 Loans and the Class B-2 Loans of Battalion CLO 17 Ltd.
- DBRS Morningstar Confirms Palladium Securities 1 S.A. Series 147 Instruments – Multiple Collateral at BB (high) (sf)
- DBRS Morningstar Upgrades Ratings on CaixaBank PYMES 12, FT and Removes Under Review with Positive Implications Status
- DBRS Morningstar Discontinues Its Rating on Class A-R Loans Issued by Brightwood Capital Offshore Fund IV SPV-4, LLC
- DBRS Morningstar Confirms Ratings on the Loans Issued by Cerberus Onshore Levered IV LLC, Discontinues EU and UK Endorsements
- DBRS Morningstar Assigns AA (low) Rating to Series 18 of Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages)
- DBRS Morningstar Assigns AA (low) Rating to Series 19 of Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages)
- DBRS Morningstar Assigns A (high) Rating to Cajamar Caja Rural S.C.C. Covered Bonds (Cédulas Territoriales - Public Sector)
- DBRS Morningstar Assigns BBB (high) Rating to Series 647 of Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1)
- DBRS Morningstar Confirms Rating on Class A-1 Notes Issued by Peaks CLO 3, Ltd., Removes Under Review for Analytical Integration
- DBRS Morningstar Removes Under Review with Negative Implication Status and Confirms Ratings on Manitoulin USD Ltd., Muskoka 2019-1
- DBRS Morningstar Upgrades and Confirms Ratings on Certain Tranches and Muskoka Series 2018-1 Notes Issued by Manitoulin USD Limited
- DBRS Morningstar Confirms and Upgrades Ratings on Certain Tranches and Guarantee Linked Notes of Manitoulin USD Ltd., Muskoka 2020-2
- DBRS Morningstar Confirms and Upgrades Ratings on Certain Tranches and Algonquin Series 2019-1 Notes Issued by Manitoulin USD Limited
- DBRS Morningstar Confirms “A” Ratings on Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG – Mortgages` Programme 2)
- DBRS Morningstar Discontinues Ratings on Palladium Securities 1 S.A. Acting in Relation to Compartment 121-2013-21 and 131-2014-06
- DBRS Morningstar Places Nine Ratings of Seven European Structured Finance Transactions Under Review Following an Asset Model Error
- DBRS Morningstar Confirms Rating on the Class A-1 Notes Issued by Deerpath Capital CLO 2020-1 Ltd. and Deerpath Capital CLO 2020-1 LLC
- DBRS Morningstar Discontinues the Ratings on the Funded Class B-1 Loans and the Funded Class B-2 Loans Issued by AIG Rover, LLC
- DBRS Morningstar Confirms Rating on the Class A-1 Notes Issued by Parallel 2018-2 Ltd., Removes Under Review for Analytical Integration
- DBRS Morningstar Discontinues and Withdraws Ratings of Caja Rural de Granada S.C.C. Covered Bonds (Cédulas Hipotecarias - Mortgages)
- DBRS Morningstar Assigns Provisional Ratings to the Series 2021-1 Asset Backed Notes Issued by OnDeck Asset Securitization Trust III, LLC
- DBRS Morningstar Upgrades and Confirms Ratings on Notes Issued by TCP DLF VIII 2018 CLO, LLC and Discontinues Rating on Combination Notes
- DBRS Morningstar Takes Rating Actions on 50 European Structured Finance Transactions Following Finalisation of European Legal Criteria
- DBRS Morningstar Confirms Rating on the Class A-1 Notes Issued by Signal Peak CLO 6, Ltd., Removes Under Review for Analytical Integration
- DBRS Morningstar Finalizes Provisional Ratings on the Series 2021-1 Asset Backed Notes Issued by OnDeck Asset Securitization Trust III, LLC
- DBRS Morningstar Assigns “A” Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 41
- DBRS Morningstar Assigns “A” Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 42
- DBRS Morningstar Assigns “A” Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 43
- DBRS Morningstar Assigns “A” Rating to Banca Monte dei Paschi di Siena S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Series 44
- DBRS Morningstar Confirms Rating on Class A Notes Issued by TIAA Churchill Middle Market CLO II Ltd. and TIAA Churchill Middle Market CLO II LLC
- DBRS Morningstar Confirms A (high) Ratings on Intesa Sanpaolo S.p.A. Covered Bonds (OBG - Mortgages - Programme 2) Guaranteed by ISP OBG S.r.l.
- DBRS Morningstar Upgrades and Confirms Ratings of Civitas SPV S.r.l. - Series 2019-1 and Removes Under Review with Negative Implications Status
- DBRS Morningstar Upgrades and Confirms Ratings on abc SME Lease Germany S.A., acting in respect of its Compartment 6 and Removes UR-Pos. Status
- DBRS Morningstar Confirms Ratings on the Class A-R Loans and Class A-T Loans Issued by Cerberus 2112 Levered LLC, Discontinues EU and UK Endorsements
- DBRS Morningstar Confirms Rating on Series 95 Notes of Palladium Securities 1 S.A. Acting in Relation to Compartment 95-2012-22 at BBB (high) (sf)
- DBRS Morningstar Confirms AA (sf) Ratings on Class A-R and Class A-T-1 Loans, Assigns AA (sf) Rating to Class A-T-2 Loans of Cerberus PSERS Levered LLC
- DBRS Morningstar Confirms Rating on Series 112 Notes of Palladium Securities 1 S.A. Acting in Relation to Compartment 112-2013-12 at BBB (high) (sf)
- DBRS Morningstar Upgrades Ratings on Banca Carige S.p.A. Covered Bonds (OBG - Mortgages - Programme 1) to BBB (high) and assigns rating to Series 646
- DBRS Morningstar Assigns Provisional Ratings to the Funded Class B-1 Loans, Funded Class B-2 Loans, and Funded C Loans to be Issued by NPC Funding IX, Ltd.
- DBRS Morningstar Confirms the Ratings on the Loans Issued by Brightwood Fund III Static 2018-1, LLC, Removes Under Review with Negative Implications Status
- DBRS Morningstar Confirms Palladium Securities 1 S.A. Series 124, 141, 142, 145, and 148 Instruments – Republic of Italy Collateral at BBB (high) (sf)
- DBRS Morningstar Finalizes Provisional Ratings and Upgrades Ratings on Notes Issued by BlackRock DLF IX 2019 CLO, LLC, Withdraws Rating on Combination Notes
- DBRS Morningstar Confirms AAA Ratings of CaixaBank S.A. Covered Bonds and Assigns AAA Ratings to Bankia S.A. Covered Bond Issuances Assumed by CaixaBank S.A.
- DBRS Morningstar Publishes Updated Methodologies for Rating CLOs and CDOs of Large Corporate Credit and Cash Flow Assumptions for Corporate Credit Securitizations
- DBRS Morningstar Confirms Ratings on the Class A Loans and Discontinues the Class B Loans, Class B Notes, Class C Loans, and Class C Notes of Churchill MMSL III Levered Investment, LP
Contacts
Glen Leppert
Senior Vice President, Sector Lead - US Structured Credit Ratings
+(1) 203 883 5781
[email protected]- Jerry van Koolbergen
Managing Director - US Structured Credit Ratings
+(1) 212 806 3260
[email protected] - Carlos Silva
Senior Vice President, Sector Lead - European Structured Credit Ratings
+(44) 20 7855 6604
[email protected]
More from Morningstar DBRS
Related Events
- 10January2025
- 10January2025
- 17January2025Swiss ConfederationSovereign Rating Announcement