Morningstar DBRS Publishes Updated European CMBS Rating and Surveillance Methodology

Morningstar DBRS published an updated version of its “European CMBS Rating and Surveillance Methodology” (the Methodology).

Morningstar DBRS has conducted a periodic review of the Methodology. Morningstar DBRS deems the update not to be material and has determined that no ratings are expected to change as a result of this update. This update supersedes the previous version published on 19 October 2023, and is effective as of 17 January 2024.

Notes:
A description of how Morningstar DBRS considers ESG factors within the Morningstar DBRS analytical framework can be found in the “DBRS Morningstar Criteria: Approach to Environmental, Social, and Governance Risk Factors” in Credit Ratings at https://dbrs.morningstar.com/research/416784 (4 July 2023).

Morningstar DBRS methodologies are publicly available on its website dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.