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Skip to main content The Morningstar DBRS website will be unavailable between 9am and 12pm EST on February 18, 2024 due to scheduled maintenance. Morningstar brands and products About Morningstar BRANDS * Morningstar Data+Analytics * Morningstar Wealth * Morningstar Credit * Morningstar Retirement * Morningstar ESG * Morningstar Indexes PRODUCTS * Morningstar Direct * PitchBook * Wealth Platform * Advisor Workstation * Sustainalytics * Managed Accounts * Morningstar Office * DBRS Credit Ratings * Credit Analytics * Morningstar Investor * View All Products SEGMENTS * Advisors and Wealth Managers * Asset Managers * Institutional Investors * Individual Investors Business Home COMPANY * Our story * Careers * Events * Diversity, Equity, and Inclusion * Corporate Sustainability * Privacy * Newsroom * Investor Relations CONNECT * LinkedIn * X * Facebook * Instagram * Menu * About * Careers * ESG * Contact Us * Understanding Ratings * Ratings Process Overview * Methodologies & Criteria * Corporate Finance * Financial Institutions * Governments * Structured Finance * About Ratings * Issuers * Market Sectors * Corporate Finance * Autos & Auto Suppliers * Energy * Industrials * Real Estate * Transportation * Infrastructure * Project Finance * Consumers * Telecom/Media/Technology * Natural Resources * Utilities & Independent Power * Services * Financial Institutions * Banking Organizations * Non-Bank Financial Institutions * Insurance Organizations * Mortgage Insurance * Funds & Investment Management Companies * Governments * Sub-Sovereign Governments * Sovereigns * Universities * Other Government Related Entities * Supranational Institutions * Hospitals * Structured Finance * Split Shares & Funds * ABCP * Auto * RMBS * Consumer Loans & Credit Cards * Equipment * Other * Structured Credit * CMBS * Student Loans * Covered Bonds * Commercial Mortgages * Pension Funds * Nonperforming Loans * Consumer/Commercial Leases * Property Assessed Clean Energy (PACE) * Products * Sign In * Login / Register search Commentary Commercial Real Estate Rekindles Market Volatility at U.S. Regional Banks, but a Slow Burn Most Likely February 15, 2024 Commentary Credit Impact of Climate-Related Risks on Sports Finance February 14, 2024 Commentary French Banks in 2024: Positive Revenue Outlook Should Help Profits February 14, 2024 Commentary Climate Change Impact and the Global Telecom Sector: Opportunities Far Outweigh Challenges February 13, 2024 Commentary Electrification 2035: Auto Insurance Rates to Increase as the Transition to Electric Vehicles Becomes Law in Canada February 12, 2024 PreviousNext OUTLOOK 2024 Insights on Key Sectors in Each Major Market CHALLENGES IN CRE Global Insights on Commercial Real Estate ESG ESG Factors Considered in Analysis -------------------------------------------------------------------------------- THE LATEST * Press ReleaseFebruary 16, 2024 MORNINGSTAR DBRS ASSIGNS PROVISIONAL CREDIT RATINGS TO GOODGREEN 2024-1 LTD. * Property Assessed Clean Energy (PACE) DBRS, Inc. (Morningstar DBRS) assigned provisional credit ratings to the following notes to be issued by GoodGreen 2024-1 Ltd. (the Issuer or the Transaction): ... * Presale ReportFebruary 16, 2024 GOODGREEN 2024-1 LTD.: PRESALE REPORT * Property Assessed Clean Energy (PACE) DBRS, Inc. (Morningstar DBRS) assigned provisional ratings of AAA (sf) to the Class A Notes, AA (sf) to the Class B Notes, and BBB (sf) to the Class C Notes to ... * Press ReleaseFebruary 16, 2024 MORNINGSTAR DBRS ASSIGNS CREDIT RATING OF BBB (HIGH) WITH STABLE TREND TO BELL CANADA’S DEBT ISSUANCES * Telecom/Media/Technology DBRS Ltd. (Morningstar DBRS) has assigned a credit rating of BBB (high), Stable trend to Bell Canada’s (Bell Canada or the Company; rated BBB (high) with a Stab... * Press ReleaseFebruary 16, 2024 MORNINGSTAR DBRS DOWNGRADES CREDIT RATINGS ON SIX CLASSES OF BENCHMARK 2018-B7 MORTGAGE TRUST, CHANGES TRENDS ON FOUR CLASSES TO NEGATIVE FROM STABLE * CMBS DBRS Limited (Morningstar DBRS) downgraded its credit ratings on six classes of Commercial Mortgage Pass-Through Certificates, Series 2018-B7 issued by Benchmar... * Press ReleaseFebruary 16, 2024 MORNINGSTAR DBRS DISCONTINUES CREDIT RATINGS ON ALL REMAINING CLASSES OF CSMC 2018-SITE * CMBS DBRS Limited (Morningstar DBRS) discontinued its credit ratings on Classes A, B, C, D, E, HRR, and X of the Commercial Mortgage Pass-Through Certificates, Serie... * Rating ReportFebruary 16, 2024 CREDIT UNION CENTRAL OF SASKATCHEWAN: RATING REPORT * Banking Organizations On January 11, 2024, Morningstar DBRS confirmed SaskCentral's Short-Term Issuer Rating and ShortTerm Instruments rating at R-1 (low). The trend on all credit ra... * Press ReleaseFebruary 16, 2024 MORNINGSTAR DBRS UPDATES RATING DISCLOSURES FOR SEVEN SOLAR POWER PROJECTS OWNED BY CONCORD SOLAR ENERGY INC. * Project Finance As of February 15, 2024, Morningstar DBRS transferred the ongoing coverage of the ratings assigned to Concord Alfred Partnership, Concord Aria Partnership, Conc... * Press ReleaseFebruary 16, 2024 MORNINGSTAR DBRS CONFIRMS RATINGS AND REMOVES UNDER REVIEW WITH DEVELOPING IMPLICATIONS STATUS ON CERTAIN GUARANTEE LINKED NOTES AND TRANCHE AMOUNTS OF MANITOULIN USD LTD., MUSKOKA 2022-1 * Structured Credit DBRS, Inc. (Morningstar DBRS) confirmed its credit ratings and removed the Under Review with Developing Implications Status on the Muskoka Series 2022-1 Class B... All Content VIDEOS Volume 90% Closed Captions OffEnglish Rewind 10 Seconds Next Up Live 00:00 00:00 00:32 Chromecast Closed Captions Settings Fullscreen QuickTakeFebruary 2, 2024 Volume 90% Closed Captions OffEnglish Rewind 10 Seconds Next Up Live 00:00 00:00 00:00 Chromecast Closed Captions Settings Fullscreen PerspectiveFebruary 16, 2024 All Videos -------------------------------------------------------------------------------- ORA Operational Risk Assessments and Rankings CAREERS Careers at Morningstar DBRS EVENTS NEAR YOU * 1March2024 LatviaSovereign Rating Announcement * 1March2024 The NetherlandsSovereign Rating Announcement * 8March2024 Hellenic Republic (Greece)Sovereign Rating Announcement All Events WE ARE A LEADER IN CREDIT RATINGS, RESEARCH AND GLOBAL INSIGHTS. Register For Your Free Trial * Contact Us * Careers * Regulatory Affairs * Code of Conductopens in new window * Complaints * Disclaimer * Terms and Conditions * Privacy Policy * Proprietary Rights * Contact Us * Careers * Regulatory Affairs * Code of Conduct * Complaints * Disclaimer * Terms and Conditions * Privacy Policy * Proprietary Rights * Facebook * Linkedin * Twitter The Morningstar DBRS group of companies consists of DBRS, Inc. (Delaware, U.S.)(NRSRO, DRO affiliate); DBRS Limited (Ontario, Canada)(DRO, NRSRO affiliate); DBRS Ratings GmbH (Frankfurt, Germany)(EU CRA, NRSRO affiliate, DRO affiliate); and DBRS Ratings Limited (England and Wales)(UK CRA, NRSRO affiliate, DRO affiliate). Morningstar DBRS does not hold an Australian financial services license. Morningstar DBRS credit ratings, and other types of credit opinions and reports, are not intended for Australian residents or entities. 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