conditional 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.

conditional rating

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The "full-body" 3-Tesla MR conditional rating for Stimwave's Freedom Stimulator was instrumental for the first U.S.
1 March 2011 - ICRA assigned yesterday an A1(SO) conditional rating to Pass Though Certificate (PTC) series backed by a pool of micro loans originated by SKS Microfinance Ltd (BOM:SKSMICRO).
ICRA has assigned a conditional rating of A1(SO) to PTC Series A1 issued by India Microfinance Loan Receivables Trust January 2011, backed by a pool of micro loans originated by SKS Microfinance Limited (SKSML).
The conditional rating is subject to the fulfillment of all conditions under the structure, due diligence audit of the pool, review by ICRA of the documentation pertaining to the transaction and SKSML furnishing to ICRA an independent legal opinion on the transaction from the transaction legal counsel.
M2 EQUITYBITES-March 1, 2011--ICRA gives conditional rating A1(SO) rating to SKS Microfinance's pass through certificate(C)2011 M2 COMMUNICATIONS http://www.m2.com
23 February 2011 - ICRA assigned yesterday a conditional rating of LAAA (so) to the purchaser payouts (PP) backed by a mortgage loan pool originated by Sundaram BNP Paribas Home Finance Ltd.
ICRA has assigned a conditional rating of LAAA (SO) to the Purchaser Payouts backed by a mortgage loan pool of Rs.
ICRA has assigned a conditional rating of LA(SO) (pronounced L A structured obligation) to the Rs.

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