Press Release

Morningstar DBRS Discontinues UK and EU Endorsement of Finning International Inc.'s Credit Ratings

Industrials
July 26, 2024

As of July 26, 2024, DBRS Ratings Limited and DBRS Ratings GmbH will discontinue the endorsement of Finning International Inc.'s credit ratings issued by DBRS Limited for use in the United Kingdom and the European Union, assigned pursuant to the "Global Methodology for Rating Companies in the Capital Goods Dealership Industry" (April 15, 2024).

These credit ratings have previously been endorsed by DBRS Ratings Limited and DBRS Ratings GmbH based on their potential sale in the United Kingdom and/or the European Union. The endorsements have been discontinued as they are no longer required.

Notes:
Credit ratings endorsed by DBRS Ratings Limited and DBRS Ratings GmbH for use in the United Kingdom and the European Union are marked as such on the Morningstar DBRS website in their respective credit rating tables. As part of this discontinuation, these markings will be removed from the relevant credit ratings. However, the language and related statements in previously published press releases will not be changed retroactively and will remain as part of Morningstar DBRS' historical record.

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

-- Global Methodology for Rating Companies in the Capital Goods Dealership Industry (April 15, 2024), https://dbrs.morningstar.com/research/431166
-- Morningstar DBRS Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings (January 23, 2024), https://dbrs.morningstar.com/research/427030
-- Morningstar DBRS Global Corporate Criteria (April 15, 2024), https://dbrs.morningstar.com/research/431186

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