DBRS Morningstar Publishes Updated Methodology for Rating Companies in the Railway Industry

DBRS Morningstar published an updated version of “Rating Companies in the Railway Industry” (the Methodology).

DBRS Morningstar has conducted a periodic review of the Methodology. This update supersedes the previous version published on January 26, 2021, and is effective as of January 20, 2022. 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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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].