DBRS Publishes Updated Corporate Finance Methodology

DBRS has today published an updated version of the methodology, “DBRS Criteria: Commercial Paper Liquidity Support for Non-Bank Issuers.” This update supersedes the previous version published in February 2017.

While certain details have been clarified in this update, including, among other clarifications, a discussion of undertakings DBRS may accept with respect to an issuer’s limiting the size of its program absent appropriate bank line liquidity support, changes overall are not material, and no ratings are expected to change as a result of these updates.

Notes:
DBRS 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 info@dbrs.com.