DBRS Publishes Updated Methodology for Rating U.S. Equipment Lease and Loan Securitizations

DBRS, Inc. (DBRS) has today published an updated methodology entitled “Rating U.S. Equipment Lease and Loan Securitizations.”

This update supersedes the previous version published in December 2014. The methodology remains substantially unchanged. No modifications are being contemplated at this time to the rating approach and/or stresses applied per the methodology to key performance drivers when rating the equipment lease and loan securitizations. The changes are designed to (1) streamline the methodology and remove general rating considerations discussed in more detail in other methodologies and (2) clarify certain points and/or better describe the process.

DBRS does not deem the changes to be significant and has determined that no ratings will be changed as a result of this update.

Notes:
DBRS rating definitions and the terms of used of such rating are available at www.dbrs.com.

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