DBRS Webinar – Aviation: Widebody Lease Expirations and Methodology Updates

DBRS Ratings Limited and DBRS Ratings GmbH (DBRS Morningstar) invite you to attend a webinar named “A Look Ahead to 2020 for European Structured Finance” on 21 November 2019 at 3 p.m. GMT/4 p.m. CET/10 a.m. EST. The webinar will be hosted in London by Gordon Kerr, Senior Vice President and Head of European Structured Finance Research.

Gordon will provide an outlook for the European structured finance markets in 2020. With new regulations finally in place and an uncertain economic climate, how will European structured finance fare? Join us on 21 November to hear some early views on what to expect next year.

The discussion will last approximately 30 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.

DBRS Ratings Limited and DBRS Ratings GmbH (DBRS Morningstar) invite you to attend a webinar inspired by its “Surveilling the Securitisation Landscape: From Autos to STS” event. It will be held on 7 November 2019 at 3 p.m. GMT/4 p.m. CET/10 a.m. EST. The webinar will be hosted in London and Frankfurt by Gordon Kerr, Senior Vice President and Head of European Structured Finance Research, Adriana Alvarado, Vice President of Global Sovereign Ratings and Alfonso Candelas, Head of European Surveillance.

Gordon Kerr will provide a summary of Simple, Transparent and Standardised (STS) securitisation verification and the merits of data, highlighting some of the content from the excellent discussions held at the event.

Adriana Alvarado will discuss the current slowdown in Germany, in which the industrial sector is going through the sharpest downturn since the global financial crisis.

Alfonso Candelas will provide an overview of DBRS Morningstar’s European surveillance process and highlight the performance of auto and consumer ABS transactions, focusing on residual value risk in auto ABS transactions.

The discussion will last approximately 35 to 45 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.

To learn more about the “Surveilling the Securitisation Landscape: From Autos to STS” event held in Frankfurt on 23 October 2019, please visit the following page: https://www.dbrs.com/research/351991/dbrs-morningstar-edw-cohosted-surveilling-the-securitisation-landscape-from-autos-to-sts-event-in-frankfurt.

DBRS Ratings Limited (DBRS Morningstar) invites you to attend a webinar called, “Beyond True Sale - Synthetic STS Securitisation” on 24 October 2019 at 3 p.m. BST/4 p.m. CEST/10 a.m. EDT. The webinar will be hosted by Gordon Kerr, Senior Vice President and Head of European Structured Finance Research, and Christian Aufsatz, Managing Director and Head of European Structured Finance, in London.

The European Banking Authority recently released a consultation paper on the use of the simple, transparent, and standardised (STS) label for synthetic securitisations. DBRS Morningstar has knowledge of this market through the rating of a number synthetic securitisation in the past several years. Gordon and Christian will comment on the proposal and the potential for this product.

The discussion will last approximately 25 to 30 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.

DBRS Ratings Limited (DBRS) invites you to attend a webinar updating you on the trends in global house prices on 24 September 2019 at 3 p.m. BST/4 p.m. CEST/10 a.m. EDT. The webinar will be hosted by Gordon Kerr, Senior Vice President and Head of European Structured Finance Research, and Ketan Thaker, Senior Vice President, Head of European RMBS & Covered Bonds, in London.

The discussion will focus on the drivers for real house price growth globally, as it appears to be reaching a peak. Real house price growth is losing momentum, and the drivers for further growth are diminishing. Ketan and Gordon will discuss various global market performances, their macro drivers and the way that DBRS incorporates house prices into its analysis of residential mortgage-backed securities and covered bonds.

The discussion will last approximately 25 to 30 minutes and will be followed by an interactive question-and-answer session. DBRS welcomes all who wish to participate.

DBRS Ratings Limited (DBRS) invites you to attend a webinar updating you on the progress and
performance of the European structured finance markets in the first half of 2019 on 18 July 2019 at 3
p.m. BST/4 p.m. CEST/10 a.m. EDT. The webinar will be hosted by Gordon Kerr, Senior Vice President
and Head of European Structured Finance Research, in London.
The discussion will last approximately 25 to 30 minutes and will be followed by an interactive questionand-answer session. DBRS welcomes all who wish to participate.

DBRS Ratings Limited (DBRS) invites you to attend a webinar updating you on its Global ABS 2019 Recap on 19 June 2019 at 3 p.m. BST/4 p.m. CEST/10 a.m. EDT. The webinar will be hosted by Gordon Kerr,
Senior Vice President and Head of European Structured Finance Research, in London.
For those who were unable to attend the prime securitisation industry event of the year, or perhaps spent the majority of it in meetings, DBRS offers the opportunity for its analysts to provide their key takeaways from the event.
On the call, Gordon will be joined by Christian Aufsatz, Head of European Structured Finance; Paolo Conti, Head of European ABS; Carlos Silva, Head of European Structured Credit; Alfonso Candelas, Head of European Structured Finance Surveillance; Kali Sirugudi, European RMBS; and Mudasar Chaudhry,
European Structured Credit. The discussion will cover all sectors and provide DBRS’s perspective on important highlights.
The discussion will last approximately 25 to 30 minutes and will be followed by an interactive questionand-answer session. DBRS welcomes all who wish to participate.

Two weeks ahead of the 23rd Annual Global ABS conference in Barcelona, DBRS Ratings Limited (DBRS) invites you to attend a webinar updating you on its 2019 Structured Finance and Covered Bond Survey Results on 30 May 2019 at 3 p.m. BST/4 p.m. CEST/10 a.m. EST. The webinar will be hosted by Gordon Kerr, Senior Vice President and Head of European Structured Finance Research, in London.

The discussion will focus on the results of DBRS’s annual survey of securitisation and covered bond market participants. Gordon will explore this development further along with other insights from the survey and provide a quick update on what we can expect from Global ABS 2019, the largest structured finance conference in Europe.

The discussion will last approximately 25 to 30 minutes and will be followed by an interactive question-and-answer session. DBRS welcomes all who wish to participate.

DBRS Ratings Limited (DBRS) invites you to attend a webinar on rating Italian mid-corporates on 2 May 2019 at 3 p.m. BST/4 p.m. CEST/ 11 a.m. EDT. The webinar will be hosted by Valentino Daprile, Senior Vice President, European Corporate Credits, and Giuseppe Fresta, Vice President, Global Corporates in London.

This webinar is inspired by the successful event “Italian Mid-Sized Corporates: The Market Evolution of Rated Bonds” DBRS co-hosted in Milan.

The webinar will focus on the issuance opportunity and potential development of a bond market for Italian mid-sized corporates that could reduce the historical recourse to bank lending of Italy’s industrial system. It will also discuss how a rating can attract more bond investors, increase market liquidity and generate important pricing advantages. Lastly, DBRS analysts will discuss the opportunities of the private placement market for companies and investors and provide an overview of DBRS’s rating process.

The discussion will last approximately 25 to 30 minutes and will be followed by an interactive question-and-answer session. DBRS welcomes all who wish to participate.

DBRS Ratings Limited (DBRS) invites you to attend a webinar on new simple, transparent and standardised (STS) securitisations on 17 April 2019 at 3 p.m. BST/4 p.m. CEST, 10 a.m. EDT. The webinar will be hosted by Gordon Kerr, Head of European Structured Finance Research, in London and will provide an overview on STS transactions on their impact on the market.

The discussion will last approximately 30 to 45 minutes. DBRS welcomes all who wish to participate.

Key topics to be discussed include: the evolution of finance; FinTech's influence around the globe; growth hurdles; and securitization considerations.

Hosted by Chris D’Onofrio, Managing Director, U.S. ABS, the discussion will also feature commentary from Gordon Kerr, Senior Vice President, Head of European Research and Imran Ansari, Vice President, U.S. ABS.

DBRS Ratings Limited (DBRS) invites you to attend a webinar on the current state of the securitisation market in Europe on 28 March 2019 at 3 p.m. GMT/4 p.m. CET/11 a.m. EDT. The webinar will be hosted
by Gordon Kerr, Head of European Structured Finance Research, in London.

With the introduction of new regulations in 2019, the announcement of a third targeted long-term refinancing operation (TLTRO) by the European Central Bank, Brexit and other disruptions, the market is
in a state of flux. Where is it headed? Gordon Kerr will attempt to answer this question and provide further insights in to the state of the European securitisation market.

The discussion will last approximately 30 to 45 minutes and will be followed by an interactive question and-answer session. DBRS welcomes all who wish to participate.

Key topics to be discussed include: aviation industry performance; scheduled lease expirations; valuation and volatility considerations; and developments in DBRS's aircraft and aviation related methodologies.

Hosted by Chris D’Onofrio, Managing Director, U.S. ABS, the discussion will also feature commentary from David Laterza, Head of U.S. Non-Bank Financials and Mark Hirshorn, Senior Vice President, U.S. ABS.

DBRS's CMBS team provides an overview of the new CMBS Insight Model.

DBRS Ratings Limited (DBRS) invites you to attend a webinar titled, “Non-Performing Loans - Emergence of a New Asset Class” on 12 February 2019 at 10 a.m. EST/3 p.m. GMT/4 p.m. CET.
The webinar will be hosted by Gordon Kerr, Head of European Structured Finance Research, in London. Gordon will be joined by Elisabeth Rudman, Managing Director, Head of European Financial Institutions Group; Christian Aufsatz, Managing Director, Head of European Structured Finance; and Alessio Pignataro, Senior Vice President, European ABS.
Topics discussed will concentrate on DBRS’s Sovereign, Financial Institutions and Structured Finance teams’ evaluation of performance and outlook for the European non-performing loans (NPL) market in 2019 and beyond.
Europe’s banks have made significant progress in reducing the large stock of NPLs accumulated since the financial crisis, but a number of countries whose banks have high levels of NPLs still have a long way to go. DBRS has assigned ratings to 20 European NPL securitisation transactions to date (14 in Italy, four in the Republic of Ireland and two in Portugal) and rated these transactions with its methodology focused on servicer or sponsor expectations of recoveries. With only just over two years since the first publicly rated Italian NPL securitisation transaction was issued, it is still too early to know how these deals are truly performing. However, the data that DBRS has analysed has provided some interesting insights.
Please join our analysts to discuss these topics in brief on 12 February. The discussion will last approximately 45 to 60 minutes and will be followed by an interactive question-and-answer session. DBRS welcomes all who wish to participate.

DBRS Ratings Limited (DBRS) invites you to attend a webinar on the 2019 outlook for European structured finance and covered bonds on 24 January 2019 at 10 a.m. EST/3 p.m. GMT/4 p.m. CET. The webinar will be hosted by Gordon Kerr, Head of EU Structured Finance Research, in London. Gordon will be joined by Christian Aufsatz, Head of European Structured Finance, Alex Garrod, Senior Vice President, EU ABS, and Carlos Silva, Head of European Structured Credit.

The year ahead looks to be a very interesting one for European securitisation. Big questions remain in the market, particularly surrounding the introduction of new regulations in 2019. How will the market react? Will CMBS continue its comeback? Will private equity firms continue to be regular issuers in the market? Will the removal of central bank support force banks back to the market? And will NPLs continue to come to market, developing as an asset class?

The discussion will last approximately 30 to 45 minutes and will be followed by an interactive question-and-answer session. DBRS welcomes all who wish to participate.

DBRS Ratings Limited (DBRS) invites you to attend a webinar covering the regions of the United Kingdom (U.K.) and its diverse array of household indebtedness on 29 November 2018 at 3 p.m. GMT/4 p.m. CET/10 a.m. EST. The webinar will be hosted by Gordon Kerr, Senior Vice President and Head of EU Structured Finance Research, and Nichola James, Co-Head of Sovereign Ratings, in London.

The discussion will focus on which regions of the UK have highest mortgage debt and how this can be explained, and if the same regions have high consumer debt such as credit card debt and other non-mortgage loans. During the webinar, the differences in relation to risks to the economy and financial stability will also be assessed.

DBRS will also try to answer the question whether Leave-voting regions are more indebted than their Remain-voting counterparts and the implications of high household debt in a hard Brexit scenario and
the consequences of such an outcome on the UK’s sovereign rating.

The discussion will also cover the potential impact on U.K. structured finance transactions.

The discussion will last approximately 30 minutes and will be followed by an interactive question-and-answer session.

DBRS welcomes all who wish to participate.

Hosted by Chris D’Onofrio, Managing Director, U.S. ABS and David Laterza, Senior Vice President, U.S. FIG, the discussion will also feature commentary from Mark Hirshorn, Senior Vice President, U.S. ABS. Key topics to be discussed include aviation industry performance, aircraft liquidity, lessors and their financing alternatives, developments in DBRS's aircraft and aviation-related methodologies.

DBRS Ratings Limited (DBRS) invites you to attend a webinar covering the European Non-Performing Loan Securitisations on 18 October 2018 at 3 p.m. BST/4 p.m. CEST/10 a.m. EST. The webinar will be hosted by Gordon Kerr, Senior Vice President and Head of EU Structured Finance Research, and Alessio Pignataro, Senior Vice President, EU ABS, Global Structured Finance in London.
The discussion will provide updates and expectations on the growth, progress and future of the NPL market. There will also be discussion surrounding current and projected NPL deal performance.
The discussion will last approximately 30 minutes and will be followed by an interactive question-and-answer session. DBRS welcomes all who wish to participate.