Press Release

DBRS Morningstar Posts Webinar Replay on COVID-19 Risks to European Structured Credit Transactions Two Years On

Structured Credit
February 24, 2022

DBRS Morningstar posted a webinar replay focusing on the risks to European structured credit transactions two years into the Coronavirus Disease (COVID-19) pandemic. The webinar was hosted by Mudasar Chaudhry, Head of European Structured Finance Research. Chaudhry was joined by Carlos Silva, Head of European Structured Credit and Alfonso Candelas, Head of European Structured Finance Surveillance.

The discussion focused on the uneven impact of the pandemic on certain sectors over the past two years. In our May 2020 commentary titled “European Structured Credit Transactions' Risk Exposure to Coronavirus (COVID-19) Effect” (https://www.dbrsmorningstar.com/research/361098/european-structured-credit-transactions-risk-exposure-to-coronavirus-covid-19-effect), we highlighted how the pandemic would likely affect some economic sectors unevenly and provided a list of the sectors we identified as having the highest perceived sensitivity to the pandemic. We have now updated this commentary and reduced the number of industry sectors as the pandemic-induced volatility continues to abate. Our updated commentary, “Two Years into COVID-19: Risks to European Structured Credit Transactions” is available at https://www.dbrsmorningstar.com/research/392167.

The discussion lasted approximately 30 minutes and was followed by an interactive question-and-answer session.

WEBINAR DETAILS
(1) Click on the following link or copy and paste it into your web browser to access the webinar replay: https://www.brighttalk.com/webcast/15677/530981.

(2) Register with BrightTalk (registration only needed once) or sign in if you already have an account.

For questions regarding this event, please contact european.communications@dbrsmorningstar.com.

The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report: https://www.dbrsmorningstar.com/research/384482/baseline-macroeconomic-scenarios-application-to-credit-ratings.

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