Rating Agency Developments

On February 6, Moody’s restated its approach to rating trade receivables-backed transactionsApproach.

On February 5, S&P restated its criteria for rating global non-diversified auto dealer floorplan ABSCriteria.

On February 4, DBRS requested comment for its methodology for rating CLOs and CDOs of large corporate creditProposal.

On February 3, S&P requested comment for its global rating methodology for rating CMBS. Proposal.

On February 2, DBRS released its methodology for rating U.S. wholesale securitizationsMethodology.

On January 29, Fitch released its global approach to developing criteria and models and assigning ratingsApproach.

On January 29, Fitch released an addendum to its rating criteria for rating covered bonds with respect to liquidity gap risks in public sectorCriteria.

On January 28, Kroll released its global methodology for rating banks and bank holding companiesMethodology.