DBRS, the leading Canadian credit rating agency, and HR Ratings, the leading local Mexican credit rating agency, today announced that they have entered into a strategic alliance to cross market their rating services in Mexico, the United States and Canada.

The agreement between the two agencies encourage the raising of funds for Mexican and Central American companies, as well as the share of market information between the two regions.

The agreement will allow the collaboration between both agencies to support Japanese and Mexican companies in fundraising in the respective countries.