Ratings Updates
Ongoing Monitoring and Rating Surveillance
Corporate Scorecard assigns ratings using information available at the time of an assessment. However some engagements include ongoing monitoring, and in these situations the nominated credits are subject to continued ratings surveillance. Many clients and rated entities require updated ratings to demonstrate and monitor the credit risk profile throughout the life of an entity's commitment or product. Corporate Scorecard uses the online ratings release mechanism to facilitate automatic notifications of subsequent ratings updates.
The credit rating reflects a comprehensive assessment of commercial and financial risk factors, and provides an assessment of relative credit risk by assigning a rating symbol along a simple, one-dimensional scale. Corporate Scorecard acknowledges that the credit quality may change over time, particularly with changes in economic, industry, market or credit cycles, and/or entity specific events. For engagements that provide ongoing monitoring and ratings surveillance, Corporate Scorecard will advise clients on a timely basis of ratings updates through its website. In the event of a possible ratings action, Corporate Scorecard will assign a credit outlook that is either: evolving (under review), positive (potential upgrade), negative (potential downgrade), or affirmative (stable).
Please contact us if you would like more information on our ongoing monitoring regime.