provisional rating

Provisional Rating

A bond rating that is subject to change based upon certain conditions. For example, if the project a bond was intended to finance is completed and begins generating revenue, a provisional rating is likely to increase. On the other hand, if an issuer's debt reaches too high a level, a provisional rating is likely to decrease. It is also called a conditional rating. See also: investment-grade, junk.

provisional rating

A bond rating conditional upon the successful completion of a specific project or the fulfillment of a stipulated condition. Also called conditional rating.
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The provisional rating will capture whether the execution of the restructuring proposal would upgrade the rating to 'investment grade'.
The provisional rating assigned to the subordinated debt obligations of Odeabank is positioned two notches below the bank's adjusted baseline credit assessment (BCA) of ba3, in line with Moody's standard notching guidance for subordinated debt with loss triggered at the point of non-viability, on a contractual basis.
The provisional rating of the proposed certificates assumes that the final transaction documents will not be materially different from the draft legal documentation reviewed by Moody's.
Concurrently, Moody's has upgraded the provisional rating of Dubai Holding Commercial Operations to (P)B1 from (P)B2 and the multi-currency debt instruments issued under this medium-term note (MTN) programme to B1 from B2.
The new provisional rating pilot program would enable claims that have been pending for more than two years to be decided within 60 days and rated based on the existing evidence of record.
A provisional rating for a debt facility is an indication of the rating Moody's would likely assign to future draw-downs from the facility, pending the receipt of documentation detailing the terms of the debt issuance.
M2 EQUITYBITES-December 8, 2011--ESFG's convertible bond issue wins BBB provisional rating from DBRS(C)2011 M2 COMMUNICATIONS http://www.
BANKING AND CREDIT NEWS-December 8, 2011--ESFG's convertible bond issue wins BBB provisional rating from DBRS(C)2011 M2 COMMUNICATIONS http://www.
At the same time, Moody's lifted the provisional rating on the group's USD5bn euro medium-term notes (EMTN) programme to (P)A3 from (P)Baa1 and affirmed the Prime-2 rating on the group's short-term debt.
Moody's Investor Service has assigned a provisional rating of 'Ba2' to the Sukuk, while Standard & Poor's Ratings Service has assigned a provisional rating of 'BB-' to the issue.
With Darjina half a length behind, I have given her a provisional rating of 121.
RUSSIAN RHYTHM has been given a provisional rating that is 1lb lower than that already achieved by the unlucky Six Perfections despite beating the French-trained filly in the Sagitta 1000 Guineas.

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