MARC publishes exposure draft on new rating methodology: Rating Approach for Issuances Supported by Third-Party Credit Guarantees
Posted Date: December 31, 2015 MARC has published for comment an exposure draft which outlines the rating agency’s methodology for analysing obligations that are fully or partially guaranteed by third parties. MARC’s approach to rating issuances backed by full guarantees, partial credit guarantees (PCG) and other third-party credit support mechanisms that are similar in effect …