Rating Agency Developments - October 22, 2013

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On October 17, DBRS published revised rating methodology for Canadian consumer auto-backed securitization. Release.

On October 16, Fitch published an update of its rating criteria for toll roads, bridges and tunnels. Fitch Release.

On October 15, DBRS published rating methodology for CLOs backed by loans to European small and medium enterprises. Release.

On October 15, DBRS published rating methodology for Canadian equipment lease securitizations. Release.

On October 14, Fitch published an update of its rating criteria for commercial real estate loans securing covered bonds. Fitch Release.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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