Credit rating process definition

Credit rating process means all the steps taken with respect to a credit rating action including, but not limited to, the CRA’s selection and assignment of analysts to work on the matter, application of the credit rating methodology, decision-making activities (e.g., the operation of a rating committee), interaction with the rated entity, obligor, originator, underwriter, or arranger, and as applicable, dissemination of the credit rating publicly or to subscribers.
Sample 1
Credit rating process means all the steps taken with respect to a credit rating action including, but not limited to, the CRA’s selection and assignment of analysts to work on the matter, application of the credit rating methodology, decision -making activities (e.g. the
Sample 1

Examples of Credit rating process in a sentence

  • Credit Rating – meaning, functions of credit rating, Importance of credit rating; Benefits of credit rating, Benefits to rated companies, Credit rating process, credit rating agencies in India including Small & Medium Enterprises Rating Agency (SMERA), rating methodology.

  • Unit II Credit Rating Agencies 2.1 Definition ,features ,advantages of credit rating system .2.2 Global credit rating agencies .2.3 Credit rating agencies in India –CRISIL, ICRA, CARE2.4 Credit rating symbols.2.5 Credit rating process and its limitations2.6 SEBI guidelines regarding credit rating.2.7 Future credit rating in India.

  • The key objectives of the report are as follows:⮚ To know the about the Credit rating process and its benefits in the context of Bangladesh.⮚ Identify the problems and prospects of credit rating in the context of Bangladesh.⮚ To acquire depth knowledge about whole process of the credit rating.

  • Unit II Credit Rating Agencies2.1 Definition ,features ,advantages of credit rating system .2.2 Global credit rating agencies .2.3 Credit rating agencies in India –CRISIL, ICRA, CARE2.4 Credit rating symbols.2.5 Credit rating process and its limitations2.6 SEBI guidelines regarding credit rating.2.7 Future credit rating in India.

  • The credit granting process can be described as shown in figure 22 below.Figure 23 Credit rating process The ongoing monitoring and follow up of commitments and credit portfolios are central to the group's risk management.

  • The main task of the SPV is to structure the deal, raise proceeds by issuing pass through certificates and arrange for payment of interest and principal to the investors.5.5.4.5 Credit rating process As the pass through certificates has to be publicly issued, they require credit rating by a good credit rating agency so that they are made attractive and easily acceptable.

  • Figure 23 - Credit rating process The ongoing monitoring and follow-up of commitments and credit portfolios are central to the Group’s risk management.

  • Module – 4Credit rating concept, scope and need, features, Credit rating process and agencies, credit rating symbols, Rating frame work, Factors.

  • Regulatory framework relating to merchant banking in IndiaUnit 5: Leasing and hire–purchaseLeasing & Hire Purchase: meaning, types, benefits of lease to lessor & lessee, difference between lease and hire purchase, Consumer and housing finance; Venture capital finance: Main features, venture capital process; Factoring services, bank guarantees and letter of credit; Credit rating: process, evaluation of a company, CRISIL and its symbols; Financial counseling.

  • Figure 15 Credit rating process The ongoing monitoring and follow up of commitments and credit portfolios are central to the Group's risk management.

Related to Credit rating process

  • Credit Rating means, with respect to any entity, the rating then assigned to such entity’s unsecured, senior long-term debt obligations (not supported by third party credit enhancements) or if such entity does not have a rating for its senior unsecured long-term debt, then the rating then assigned to such entity as an issuer rating by S&P, Moody’s or any other rating agency agreed by the Parties as set forth in the Cover Sheet.

  • Credit Rating Agency means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments.

  • Rating Point means the V&H coordinates associated with a particular telephone number for rating purposes.

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower's senior unsecured long-term debt securities without third-party credit enhancement.

  • Highest Rating Category means, with respect to a Permitted Investment, that the Permitted Investment is rated by S&P or Moody’s in the highest rating category given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax exempt municipal debt established by S&P is “A 1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG 1” (for fixed rate) or “VMIG 1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (i) both S&P and Moody’s rate a Permitted Investment and (ii) one of those ratings is below the Highest Rating Category, then such Permitted Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, a Permitted Investment rated “AAA” by S&P and “Aa3” by Moody’s is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that Rating Agency, then the Permitted Investment will be deemed to be rated below the Highest Rating Category. For example, a Permitted Investment rated “AAA” by S&P and “A1” by Moody’s is not rated in the Highest Rating Category.

  • Acceptable Credit Rating means a minimum long term credit rating of either BBB from Standard & Poors or Baa2 from Xxxxx’x; Access Undertaking means:

  • Investment Grade Credit Rating means (i) a Credit Rating of Baa3 or higher given by Xxxxx’x, (ii) a Credit Rating of BBB- or higher given by S&P or (iii) a Credit Rating of BBB- or higher given by Fitch.

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • Debt Ratings has the meaning specified in the definition of “Applicable Rate.”

  • Rating Category means (i) with respect to S&P, any of the following categories: BB, B, CCC, CC, C and D (or equivalent successor categories), (ii) with respect to Moody's, any of the following categories: Ba, B, Caa, Ca, C and D (or equivalent successor categories) and (iii) the equivalent of any such category of S&P or Moody's used by another Rating Agency. In determining whether the rating of the Notes has decreased by one or more gradations, gradations within Rating Categories (+ and - for S&P; 1, 2 and 3 for Moody's; or the equivalent gradations for another Rating Agency) shall be taken into account (e.g., with respect to S&P, a decline in a rating from BB to BB-, as well as from BB-to B+, will constitute a decrease of one gradation).

  • Rating Date means the date which is 90 days prior to the earlier of (i) a Change of Control and (ii) the first public notice of the occurrence of a Change of Control or of the intention by the Company to effect a Change of Control.

  • approved rating means, for a security, a rating at or above one of the following rating categories issued by an approved rating organization for the security or a rating category that replaces a category listed below:

  • Moody’s means Xxxxx’x Investors Service, Inc. and any successor thereto.

  • DBRS means DBRS, Inc., and its successors in interest.

  • Ratings As of any date of determination, the ratings, if any, of the Certificates as assigned by the Rating Agencies.