provisional rating

(redirected from Provisional Ratings)

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.
Mentioned in ?
References in periodicals archive ?
Over the next one month, large banks will attempt to spot distressed companies whose loans can be restructured based on provisional ratings.
We have downgraded the provisional ratings on forex currency senior unsecured MTN programme of the bank's Bahrain branch to Ba2 from Baa3, because the forex bond ceiling for Bahrain is now at Ba2," Moody's said in a note.
Moody's issues provisional ratings in advance of the final sale of the securities.
It normally issues provisional ratings in advance of the final sale of securities to voice its preliminary credit opinion with regard to the transaction only, with a definitive rating possibly differing from a provisional one.
Moody's issues provisional ratings in advance of the final sale of securities and these ratings reflect Moody's preliminary credit opinion regarding the transaction only.
He believes many of these provisional ratings will result in denied claims due to lack of evidence, which is often why the claim sat idle in the first place.
Moody's policy is to assign provisional ratings to all MTN programmes.
The senior unsecured bond has provisional ratings of 'Baa2' from Moody's Investors Service and 'BBB-minus' from Fitch Ratings and Standard & Poor's Ratings Services.
28 December 2011 -- Moody's gave Tuesday provisional ratings in the Baa range to issues within WellPoint Inc's (NYSE:WLP) new shelf registration, reflecting the US health benefits firm's robust business and financial profiles.
MOODY'S INVESTORS SERVICE, NEW YORK, has announced it has assigned provisional ratings ranging from Aaa to A2 to Merrill Lynch Mortgage Loans, Inc.
Standard & Poor's and Dominion Bond Rating Service Limited have assigned provisional ratings of BBB and A (low) respectively, both with stable trends, for Royal Group's securities which may be issued under the new MTN program.
The offering has provisional ratings of 'AAA' by Fitch Ratings and 'Aaa' by Moody's Investors Service.

Full browser ?