DBRS Publishes Updated Methodology For Rating Portuguese Tariff Securitisations

DBRS Ratings Limited (DBRS) has today published its updated methodology for the rating approach to Rating Portuguese Tariff Securitisations (the methodology). This methodology concentrates on the securitisation of credit rights arising from tariff deficits established under Portuguese law. The predominant focus of the methodology is the legal and regulatory framework in addition to a discussion of the liquidity risks and the parties responsible for mitigating those risks.

The methodology is effective as of today’s date. DBRS does not deem the methodology update to be material and does not expect any rating actions as a result of this update.

The methodology providing DBRS’s processes and criteria is available by contacting us at info@dbrs.com.

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