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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A definitive rating may differ from a provisional rating if the terms and conditions of the issuance are materially different from those of the programme reviewed.
Moody's Investors Service, which is appointed to rate the issuance supported fully by the Sultanate's government , is expected to assign a provisional rating of A1 to the issuance which is in line with the Sultanate's rating .
But while Sea The Moon ranks behind Australia in the Arc market, Europe's handicappers reckoned his German Derby romp entitled him to a provisional rating of 125, which makes him top dog among the continent's middle-distance three-year-olds.
Moody's Investors Service has upgraded to B2 from B3 the issuer rating of Dubai Electricity and Water Authority (DEWA), the provisional rating of its global medium-term note programme and the ratings of the three senior unsecured notes issued under the programme (due in 2015, 2016 and 2020 and amounting to $3.
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.
Chafey provided a joint statement regarding the provisional rating assigned by Moody's Investors Service related to the Commonwealth of Puerto Rico's planned issuance of General Obligation Bonds.
Concurrently, Moody's has upgraded the provisional rating of Emr Sukuk Limited to (P)Ba1 from (P)B1 and the sukuk issued under this trust certificate programme to Ba1 from B1.
Moody's Investors Service has raised to 'stable' from 'negative' the outlook on the B3 senior secured ratings assigned to the Israel Electric Corporation (IEC) and the (P)B3 provisional rating of IEC's $5.
Provisional rating decisions will be based on all evidence provided to date.
RATINGS RATIONALE Moody's definitive rating for this debt obligation confirms the provisional rating assigned on 12 March 2013.
Timeform have given Sprinter Sacre a provisional rating of 192 following yesterday's spectacular win in the Queen Mother Champion Chase.
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.

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