Industry Study

2020 DBRS Morningstar Structured Finance Rating Transition and Default Study

ABCP, Auto, RMBS

Summary

DBRS Morningstar released its 2020 DBRS rating transition and default studies for corporate finance and structured finance. The corporate finance study is the 16th annual default and 15th rating transition update. The structured finance study is the 13th annual default and 15th rating transition update. Please refer to the appropriate study for a detailed analysis of the corporate issuers and structured finance transactions rated by DBRS Morningstar.