Since it was first authorized in 2007, HR Ratings has been on a remarkable trajectory, reflected in ratings assigned to debt issuances in Mexico and other countries, with a value upward of US$30 billion. These ratings include analysis of governmental entities, corporates, financial institutions, infrastructure and structured finance.
HR Ratings has established itself as a reliable alternative for both issuers and investors thanks to a dynamic analysis process that rates the credit quality of an entity based on its current and future situation, which incorporates our in-depth and experienced understanding of the macroeconomic environment and industry specifics under various stress scenarios. This approach has helped to position us as a source of invaluable information in an increasingly demanding market where investors are looking for information that will help them make more efficient investment decisions.
HR Ratings has expanded internationally as the first Latin American credit rating agency and one of only ten companies worldwide registered with the US Securities and Exchange Commission (SEC) as a Nationally Recognized Statistical Rating Organization (NRSRO) for issuers of government securities, corporates and financial institutions. Additionally, in November 2014, HR Ratings became the first Latin American agency to be certified by the European Securities and Markets Authority (ESMA) and the third overall rating agency to be certified by this institution. This is a major step for us, and we are convinced that we are ready to meet this responsabilities with success.
Dynamic, forward-looking analysis, continuous follow-up and the total transparency of our methodologies are what today have made HR Ratings a world-class ratings agency with the highest standards of quality.