Morningstar DBRS Publishes Updated Rating European Structured Finance Transactions Methodology and Appendices
ABCP, Auto, RMBSMorningstar DBRS published an updated version of its “Rating European Structured Finance Transactions Methodology” (the Methodology) and the following four appendices to the Methodology:
-- Appendix 1: European Reverse Mortgages;
-- Appendix 2: Obligations Backed by Insurance Policy (Financial Guarantee);
-- Appendix 3: Dual-Recourse Securities; and
-- Appendix 4: European TV Programming Licensing Rights
Morningstar DBRS has conducted a periodic review of the Methodology and the appendices. These updates supersede the previous versions published on 11 December 2023 and are effective as of 25 June 2024. Morningstar DBRS deems the updates not to be material and has determined that no ratings are expected to change as a result of these updates.
Notes:
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.