DBRS Morningstar Publishes Updated Corporate Finance Commercial Paper Liquidity Criteria

DBRS Morningstar published an updated version of “DBRS Morningstar Criteria: Commercial Paper Liquidity Support for Nonbank Issuers” (the Methodology).

Only small editorial changes were made. DBRS Morningstar has conducted a periodic review of the Methodology. This update supersedes the previous version published on March 10, 2020, and is effective as of March 9, 2021. 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.

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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.

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].