Regulatory

Monitoring

At HR Ratings, we are committed to offer relevant information to both issuers and investors, which is why we consider indispensable to constantly monitor the ratings we issue.

Toward this end, our ratings are monitored and tracked depending on their specific characteristics, with the monitoring being made on a quarterly, semiannually, monthly or even weekly basis depending on the rating.

In the event that, during the monitoring process and for any given rating, there are developments that could have a significant impact on our estimates, and consequently on the credit quality of the issuer, either negatively or positively, HR Ratings will undertake a detailed review and, if necessary, adjust the assigned rating.

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Information requested from an Entity or an Issuer (according to the relevant periodicity by asset)
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Information Reception and Databases Updates
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Information analysis and detection of cases with a deteriorating situation or relevant events
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Analysis Committee session (review of cases that require monitoring due to particular situations)
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Decisions on actions to be taken by the Analysis Team for each case
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In cases requested by the Analysis Committee, start-up monitoring process
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Contact for Rating Methodologies
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