credit watch

Credit watch

A warning by a bond rating firm indicating that a company's credit rating may change after the current review is concluded.

Credit Watch

Notice from a credit rating agency to a bond issuer that a negative factor has arisen in the agency's review of the issuer's credit rating. If the issuer does not take steps to explain or alleviate the factor, the credit watch may be the first step toward a reduction in the issuer's rating. For example, a credit rating agency may discover a dramatic drop in an issuer's liquidity ratio, which increases the likelihood of default on a debt. It would then send a credit watch to the issuer.

credit watch

The reevaluation of the credit quality of a firm's debt obligations by a rating agency. Being the object of a credit watch generally indicates the credit quality of a firm's debt has deteriorated and may be downgraded.
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S&P says it will update the credit watch status on March 13.
SeeNews) - Nov 12, 2012 - Standard & Poor's (S&P) said Friday it revised up by two notches the long-term counterparty credit and financial strength ratings on Italian insurer Fondiaria-SAI SpA (BIT:FSA) to BB from B+ keeping the credit watch with "positive" implications.
We analyze credit watch and rating actions to better understand the role of credit watches in the credit rating process.
The "negative" credit watch mirrors the significant underperformance of Noor Takaful General and the resultant material deterioration in its capital strength and liquidity, S&P said.
All ratings of the company were placed on "negative" credit watch, meaning they will be either downgraded or affirmed at the end of a review.
MANAMA: International ratings agency Standard & Poor's (S&P) has placed three Bahrain insurance companies on a credit watch with negative implications.
S&P had placed the JAL rating on Credit Watch in May for possible downgrading following media reports that the struggling airline is asking its major creditor banks for a debt-for-equity swap.
But staying on top of my credit standing can be time consuming, which is why I subscribed to Equifax Credit Watch.
Earlier this month, Fitch Ratings took the state off a negative credit watch although it left the state's credit unchanged.
This past April, Standard & Poor's took Nassau County off of their credit watch.
S&P says RatingsExpress provides detailed ratings at both the issue and issuer level, with profiles including long- and short-term ratings, historical ratings and Credit Watch listings.
Lenders' loans are being tracked individually under the Credit Watch Program, and the program has already triggered some suspension notices.
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