Global Credit Insights from Morningstar DBRS - February 2025

This publication highlights some of the most pertinent research issued by Morningstar DBRS for the global market as follows:

-- 2025 European and North American Property Development Outlook: Improved, but Developers Must Still Tread Lightly

-- Leveraged Finance Spotlight: Credit Risk Heavily Dependent on Economic Stability in 2025

-- From Spanish Giants to Behemoths: How Private Investors Would Strengthen Real Madrid's Financial Superiority

-- European Covered Bonds Outlook 2025: Keep Calm and Carry On

-- European RMBS 2025 Outlook: On a Promising Path Forward

-- European CMBS 2025 Outlook: Turning the Corner

-- European Structured Credit 2025 Outlook: Steady as She Goes

-- Canadian Insurers' Debt Issuance Doubled in 2024 but Expected to Normalize in 2025

-- Global 2025 FIG Credit Outlook: Financial Institutions Benefitting from Benign Operating Environment, but Downside Risks Increase

-- India Budget Focuses on Growth With Fiscal Consolidation Amid Global Uncertainty

-- Morningstar DBRS Ratings Activity