leveraged super senior CDOs

Rating Agency Developments

On August 6, S&P revised its methodology and assumptions for leveraged super senior CDOs. S&P Release.

On August 4, S&P updated its criteria related to cash flow assumptions for tobacco settlement-backed securitizations to provide additional transparency for its assumptions. S&P Release.

On July 30, Moody’s updated its methodology that details how it rates REITs and other commercial real estate firms.  Moody’s does not anticipate changes to public ratings as a result of these updates. Moody’s Release.

On August 5, DBRS released criteria on guarantees and other forms of explicit support. DBRS Release.

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