General Methodological Criteria
The present Methodology establishes the General Methodological Criteria of HR Ratings.
Our credit ratings need to be understood as rankings of the relative creditworthiness of different entities or credits. Creditworthiness takes into consideration both the ability and willingness to meet debt obligations in the manner prescribed in the relevant documentation. Default refers to the non-compliance of previously agreed obligations. Later, this document presents the type of defaults that we recognize and the evaluation that is made over the impact that the default will have in certain obligations over the entitys rating.