Policy for Placing Ratings on Credit Watch

Last Reviewed On: December 30, 2016 (Version 1.0)

Subsequent to assignment of the rating, and before the scheduled review process, if any material changes in the rating drivers take place and if Acuité believes that such developments have a possible impact on the rating assigned then the rating shall be put on Rating Watch till the time the review takes place.

Acuité will inform the public by disseminating the Rating Watch through a press release, which would, inter alia, state that ‘The rating is placed under Rating Watch as these developments may have an impact on the rated entity and its debt repayment ability'.