Saved Bookmarks
| 1. |
Why Do Credit Ratings Change? |
|
Answer» CREDIT ratings are assigned based on certain expectations and assumptions about variables that impact the ISSUER's performance. However, these variables can CHANGE, causing the rated entities' performance to deviate materially from expectations. This is REFLECTED in their changed credit ratings. Credit ratings are assigned based on certain expectations and assumptions about variables that impact the issuer's performance. However, these variables can change, causing the rated entities' performance to deviate materially from expectations. This is reflected in their changed credit ratings. |
|