bg-rating-rationales

Entity-Specific Rating Rationales

18 Nov 2022

Northern Arc Capital Limited: Rating withdrawn for loans given under Northern Arc P.L.I. X June 2019 transaction

Northern Arc Capital Limited: Rating withdrawn for loans given under Northern Arc P.L.I. X June 2019 transaction

17 Oct 2022

Northern Arc Capital Limited: Ratings withdrawn for PTCs under securitisation transaction issued by Dirichlet Mosec June 2021, backed by a pool of microloan receivables

Northern Arc Capital Limited: Ratings withdrawn for PTCs under securitisation transaction issued by Dirichlet Mosec June 2021, backed by a pool of microloan receivables

23 Sep 2022

Northern Arc Capital Limited: Rating downgraded for one issuer forming part of pooled NCD programme – Northern Arc Pooled Bond Issuance XIX

Northern Arc Capital Limited: Rating downgraded for one issuer forming part of pooled NCD programme – Northern Arc Pooled Bond Issuance XIX

29 Aug 2022

Northern Arc Capital Limited: Ratings assigned/reaffirmed

Northern Arc Capital Limited: Ratings assigned/reaffirmed

21 Jul 2022

Northern Arc Capital Limited: Ratings assigned/reaffirmed; outlook revised to Positive from Stable

Northern Arc Capital Limited: Ratings assigned/reaffirmed; outlook revised to Positive from Stable

17 Jun 2022

Northern Arc Capital Limited: Change in limits

Northern Arc Capital Limited: Change in limits

13 Jun 2022

Northern Arc Capital Limited: Rating reaffirmed for PTCs issued under securitisation transaction by multiple originators and arranged by Northern Arc Capital Limited

Northern Arc Capital Limited: Rating reaffirmed for PTCs issued under securitisation transaction by multiple originators and arranged by Northern Arc Capital Limited

31 May 2022

Northern Arc Capital Limited: Rating reaffirmed for pooled NCD programme – Northern Arc Pooled Bond Issuance XIX

Northern Arc Capital Limited: Rating reaffirmed for pooled NCD programme – Northern Arc Pooled Bond Issuance XIX