DBRS Publishes Updated Canadian Surveillance Methodology for CDOs of Large Corporate Credit

DBRS Limited (DBRS) has today published an updated version of its methodology “Canadian Surveillance Methodology for CDOs of Large Corporate Credit” (the Methodology), which supersedes the previous version dated May 17, 2016.

The updated Methodology explains DBRS’s monitoring process for the outstanding Canadian collateralized debt obligations (CDOs) and the analysis performed in order to determine whether rating actions are required. DBRS deems the changes to not be material and has determined that no ratings are or will be changed as a result of this update.

Notes:
DBRS’s rating definitions and the terms of use of such ratings are available at www.dbrs.com.

DBRS’s methodologies and criteria are available at www.dbrs.com or by contacting us at info@dbrs.com.